Psychic awareness is essentially not very different than normal awareness, however, psychic awareness is indeed more refined.
What is psychic awareness?
Beside the term 'awareness' we also often use the terms 'knowledge' and 'consciousness'. There are slight differences between these terms.
Knowledge of a thing usually means the methods or processes we could do with that thing. Being conscious of a thing means that we are consciously aware of that thing. Being aware of a thing means identifying with it to a degree, whether consciously or unconsciously.
Psychic awareness includes all these. Refined psychic awareness is about knowing something so well, so completely that you are one with the thing you observe.
A master psychic is simply aware.