I´m saying that an awesome amount of new traders(~10 only in the last 2 days) appeared here who are 100% sure that the bottom in the 2xx or 3xx range, probably a lot of them have sold during the downturn, when they realize that it (probably) ain´t gonna happen they will be forced to buy back @ higher prices. Ask side is totally empty which could deliver us a few nice upward spikes and enleash more bullish sentiment.  I´m all in since 450$ btw. If you sold above 550$ you´re probably not in a hurry to buy back now, as a trend reversal is far from beeing confirmed, anyone that sold below 460-470$ should probably reconsider a part of his strategy if he is in full FIAT.
In my eyes the demand around or below 400$ is way too high to get there.