Buy the dip?

Everything still looks bullish out there with Nordstream woes unlikely to be resolved for several months, Storages unlikely to fill past 80% and a LNG drought. With gas recently strongly in overbought territory on the technicals a pullback is healthy and expected even if the wildness of the last week has been somewhat traumatic.

The question hence is all around price and there are some warning signs of overexuberance, writing this I am well aware that this post most likely will date badly given trend. However a record 128k lots of open interest prompt month TTF remains a difficult turn if we head for a Fibonacci retracement, and their remains a real risk of a disorderly retreat below 29 Euro. I am curious on other views, so feel free in comments with fear and greed finely balanced in the authors mind. Graphs crop badly on this site but in short the market is quite frighteningly long at high breakeven, which is of course no problem if market regains trend.