I'm not sure at what point the community collectively decided that April'13 was just a roadbump on the way to November '13, but at the time it was very much viewed as two separate runups, and the '14-15 bear market went far below the april 13 ATH. The market has slowed down a LOT since then, plus we have big money investors who seem to be truncating the blowoff tops. If, as I suspect, the current market is a macro slow motion version of 2012-14, the bottom will be close to 10k, and we'll have multiple years of sideways and shakeouts before there's another strong bull.