If you want to play with the big dogs, you have to bark like one.
Everyone is waiting for lower prices. When the retail traders see the discounts slipping away, they will quickly start piling on the market buy orders. Our trend will then create the feel of a false downward breakout of the large yearly descending triangle (in green), and create the illusion of a new bull market.
Don't get caught in the trap. HODL until 8k, then take your profits, or someone else will take them for you. The bubble will pop, just not yet, so be patient.