As wave 2 has retracted little, (though there is the possibility it retraces more, to even say $6000 the 0.786 fib) wave 4 will normally retrace more.
$5800/6000 is a massive support, it's going to be a big ask to take it down. Although I do believe it will fall, the amount of shorts that opened on the bottom(+25%), right on support, are just asking to be liquidated, before we might see a bigger move down.
Short term -
Medium term -
Long term -