We had a similar drop more than a week ago, when we hit 5.3k but the price went down towards 4900. I think this is a healthy pullback, I'd rather see some consolidation around the low 5k's, build a good floor, before testing 5.4k again. Might be a good time to buy for those looking for short-term profits.
The current spike is not accompanied by solid basics. It is solely fueled by rumors.
What rumours?