A drop does look very likely, but there's nothing in the way of TA or fundamentals to support a drop to $33 any time soon. The most likely scenario imho is a drop to $60-62 before resumption of the up trend. If the market turns very bearish, a drop to $55. Very, very bearish a drop to $50. Worst case scenario barring any major catastrophic news event, down to the support at $44. All of the latter highly unlikely based on what the price action is telling us right now though imho.