Now that BTC is at $40k, we need some next good news to give it a push. In crypto, one good news doesn't give that much push that one bad news give pull to.
We hope we don't hear any negative news as that can bring down BTC at $30k.
Although it can give opportunity to many new people to enter BTC market at low price, it will also help whales accumulate more.
We just have to wait but you are right that we need good news with all this panic incurred by Elon, China, Binance investigation and general public panic selling, I do think we need to be given some break but I don't think that we don't have any right to ask for it. If the prices go down then so be it, we have nothing to worry if it goes down because of negativity, the market will go back up as long as there are demands.