Considering the depth of the recent crash and extension of oversold conditions, this didn't come as too much of a surprise, although I don't think price will go higher than $4600 before resuming the downtrend to the lower $3ks where the larger rebound back to the $5ks should happen.
There may be a potential playing out for a nice trade setup to $4570.
On the 1H chart we have divergence showing a potential drop towards the handle support. I've set my target to $4570 which is 161.8 fib extension from the cup's swing high. This is also a major and is a similar distance from the bottom of the cup to the handle's breakout level. I'll set my buy order to slightly above the upper of the handle at $4150 (although this may change if we have a higher swing high near the start of the cup's handle).
For this trade to play out and before placing my buy order, the price should not retrace below 50% from the height of the cup so I've set my stop-loss just below this at $3940.
Good luck and happy trading!