One thing what is happening now is that it will test 10k levels and from past few days it is hovering in the range of 9500 - 9800$ mark and might be waiting to break that 10k levels or may drop a bit it seems. If it breaks 10k levels psychology will change for many investors and I see some of the new investors may also joining this bandwagon.
I also see that $10k level is a good indication for new investors to join the market, there are new investors who are in FOMO and just looking for a sign or indication before coming in the market, the pandemic will not stop these investors, they just want some sign and the $10k level is a good sign for them