$BTC pushing towards resistance. Bull trap?

BTC coming up on 9.4k resistance level. I wouldn't personally play the 9.4k breakout setup because shortly thereafter is the long term down trend line, but this is also the best the buy volume has looked in a couple months. Ultimately, we are still very much in the down channel and would need a strong close above the 9.4k level to consider any further upside. I expect a short squeeze then trade sideways at this level unless 300 million more tethers are printed of course