Price in the 9200-9300 zone and we had a rejection candle near the trendline. A fake out to the 9400-9500 area can't be ruled out but its clear that bears are still in charge. The 9400-9500 scenario is likely if the nasdaq reaches 10.7-10.9k area. This pump we had was primarly index related, but btc reacted quite late. If bitcoin and nasdaq correlated more we should have been in the 11k area by now easily, but that is not the case, which proves bitcoin is still a rather indepedent asset. Recently however in Very strong downtrends (>10% down within a week or less ) it has shown correlation to index markets. In Uptrends however bitcoin has not much correlation to the stock market.