I'll be the contrarian to other uber-bulls here and agree that currently price is having a dead cat bounce on the 4hr chart, nothing else has confirmed otherwise other than doses of hopium.
A death cross was confirmed yesterday (as circled) while previously price was perfectly rejected by the VPVR point of control. For sure, so far it's only a DCB.



But yet again you fail to look at the bigger picture. Yes price has failed to reclaim the 50 Day MA, and therefore am anticipating further consolidation or downside before further upside, in order for this mid-term MA to flatten out and shed bullish expectations short-term, but the Daily/Weekly charts remain bullish. The 50 Day MA remains above the 200 Day MA, so as long as price holds $46K, price remains bullish long-term.



Price hasn't even re-tested previous resistance level of $53K either, which in a bull market the expectation would be turn into new support (just as $40K turned into new support).
Obviously we are below the shorter-term distribution zone around $61K-$62K, but this distribution volume looks insignificant compared to the accumulation below...