Despite the current overbought status of the market, bullish sentiment remains strong with a target set at $56,154.
However, a minor correction to $51,653 is expected before the anticipated spike.
Conversely, if the current support level fails, a reversal to $48,473 is probable before a bounce-back to 56k.
Upon reaching 56k, a significant reversal could occur, potentially driving the market toward the 37k zone in the coming weeks to months.
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