Classical TA says we should retest 4.2 at Minimum.
TA doesnt apply to crypto because crypto is fueled by FOMO and hopeum. There are alot of times TA presented that did not happen and some financial experts are no longer presenting their chart reading.
TA will not always work but it can still be our guide to see the market situation. The bull has started last month of April i believe, and the current grow right now confirms it. Expect a more pump with many coins as we are going to a strong pump this year so be ready.
TA is still important for traders, so it can still work.
We are still waiting for the confirmation of the bull market, the recent pump with many coins already happen many times before. Looking at the market trend, its good to see bitcoin to hit $5800 level and it can really be the start of all again. The bull may come this year or just a small pump to prepare for the next halving next year, stay positive.