We had already broken an uptrend from around $3,200 to the present in September 2022. The price, which has tried to break this trend as resistance many times, has failed every time. What will happen now seems uncertain. If we can successfully move the price above the trend, maybe we have confirmation of the bull season. But until then, it's good to be very, very careful.
I think you are correct here! Everyone screems pump to 100k. Makes no sense at all to be honest. Banks are starting to collapse. Why would people buy bitcoin during a stock market crash.