it becomes more and more obvious that we gonna test 50k. Maybe so obvious that we won't.
on the other hand according to cycles (fwiw) we are a year too early for a parabolic bullrun.
RSI/StochRSI on weekly isn't clear yet, but they don't look too bad on daily.
ETF net flow became negative, but many aren't buying, while only Silbert is selling.
Overall, the sentiment seems to be good, so IF we really gonna retest $50k, then it would likely be a short wick down, from $58k-ish figures. If we don't even touch this area, we might get away with a mere 20% correction only because of buying demand. This isn't a bad thing, especially if you believe in the S-curve.