I read your post as being exceedingly cautious, Majormax, and you already likely recognize that I continue to believe that there is a bit more underlying buying pressures than the amount that you seem to be willing to accept present.  Furthermore, supply is a pretty damned underlying force, whether you want to categorize it as "secondary" or not...  supply is a kind of hard pressure that inevitably ends up biting the bears in the ass.. especially any of them who under estimate its power, after they are manipulating down for much longer and much lower than can be contained and ends up resulting in a lot of irrational and uncontainable upwards FOMO buying... which is likely going to be another history that repeats itself... surely not guaranteed in any kind of way, but a seeming likely outcome... time and degree to be determined.