Right now, the market sentiment is bullish. Retail traders are all shouting that 60,000 is the bottom and are regretting not buying the dip. The bulls have been really strong these past few days; we barely see any pullbacks. The more it goes up like this, the more cautious we need to be. It's not a bull market; we just came out of a bear market that lasted less than six months, so how could it only dip that little? Plus, it has rebounded so much already; there's no reason to be overly bullish.