Our previous prediction has hit Wave 2 and in progress of an impulsive Wave 3. Otherwise, if we are rebouncing; as what we can observe on the current candle tested 42k and came back up, shows that we are on a Harmonic Butterfly. The parallel channel was formed due to the current candle touching 42k which gives strong indication this could be a rebound to 54k. Adding onto the 54k outlook, we have MACD, Stoch and RSI ending their bearish trend soon on the Daily chart.
B wave correction can't be higher than the high of wave 5.