Several knowledgeable commentators (Novo is one) mentioned over the weekend that the leverage is high right now.
Also, some meme coins popped 70-120% in a week, which to me always indicates that the market is probably overheating.
The latter only peripherally relates to bitcoin, but, still...

Bottom line: it wouldn't surprise me if we correct 10-15% from here (to 53-56K) before rallying into the halving, but I will not try to time it as 10% lower is nothing comparing to at least 200-300% possible upside to 180-250K. Wouldn't want to miss the latter.