Like I already mentioned prev, this isn't only about BTC.
This is also a play on Equities, namely that we still haven't seen ANY kind of real correction in the traditional markets, post ETF. That will be the primary driver that pushes the market lower.
Dude that commented below isn't necessarily wrong, but that's only 1 piece of the puzzle, just like how BTC TA is only 1 piece of the puzzle too.
You're not going to put the puzzle together focusing on ANY one thing, bc a complex array of factors drive the Crypto Casino..