I also expect a movement to your target of 9400 in close furture, but later I see the fall below the $8 000 support.
Here is an Elliott Wave from my side:
Volume oscillators are very for my analysis, so thank you very much for your job, @hotsauceislethal!
The scary part is you're absolutely right. The bottom has not yet been tested according to some longer term moving averages as well.
I don't think it is scary... If we are aware of the possibilities, there is no reasons to panic :)