A lot has changed since yesterday! We've managed to break through a few areas of historical resistance. The last (obvious) level of resistance to break is 9.6k. If we can break through that our next target should be around 10k. That being said, I'm willing to bet that there are quite a few long-term trapped traders (going long) at the 9.8k - 9.9k levels. If they are looking to break even when the price returns to that price point, they will be exiting their long positions, and will drive the price down a bit. I can't imagine that there are too many, but I do expect that we will have to deal with that.
(very) Short term, I'm bullish up until 9.6k. At that point we will have to test it. Last time we tested it we ended up in a week long sideways trading period so I'm not entirely sure what we can expect to see there. There was a recent price spike that got us to 9.55k which is nice, but we're starting to lose volume. That leads me to believe that we will battle to get passed 9.6k. In all honesty I expect the price to bounce off of 9.6k and sit around 9.55k for a bit, but we'll have to wait and see.
(very) Short term, I'm bullish up until 9.6k. At that point we will have to test it. Last time we tested it we ended up in a week long sideways trading period so I'm not entirely sure what we can expect to see there. There was a recent price spike that got us to 9.55k which is nice, but we're starting to lose volume. That leads me to believe that we will battle to get passed 9.6k. In all honesty I expect the price to bounce off of 9.6k and sit around 9.55k for a bit, but we'll have to wait and see.
