BTC continues to range in the range of $93,610-$95,665. In today's drop, it hit the lower level precisely and bounced back.

In the current range for BTC, our indicator is performing excellently on the 30-minute timeframe, predicting impulse movements and forecasting highs/lows.

From the signals that give hope to the bulls:

- already two out of three signals of a potential low on the hourly timeframe,

- the first signal of a potential low on the 12-hour timeframe.

Trading futures on BTC at the Chicago Mercantile Exchange (CME) ended on Friday at $95,250.

So for now, there are prospects either to grow to this level in the next 6 hours (reversal signals on the hourly and 12-hour timeframes at the spot support this), or to open with a gap at the top.

BUT for now, there are no hints of a true reversal. The gap does not necessarily need to be closed at the start of trading. As long as the price remains in a stable downtrend even on the 30-minute and hourly timeframes, we still expect the realization of targets of the stable downtrend on the 4-hour timeframe. Reminder:

- Basic:

-- $91,953,

-- $90,283.

Additional:

-- $88,040,

-- $84,929.

The key question is how altcoins will perform during such a possible decline.

The most interesting thing about the current weakness of #BTC is that altcoins are still holding on more confidently. At least they are not falling faster.

We went through the signals of P73Signals today, and here is the picture for the day for the TOP-200 crypto assets:

- Hourly timeframe: 108 signals of stable downtrend and 21 stable uptrend signals. Most of the downtrend signals occurred in the evening, meaning that currently, the downward movement is more relevant for the assets. The mass signal for growth on this timeframe could only provide a slight bounce.

- 2-hour timeframe: 3 signals of stable downtrend and 35 signals of stable uptrend.

- 4-hour timeframe: 1 signal of stable downtrend and 6 signals of stable uptrend.

- 12-hour timeframe: 0 signals of stable downtrend and 3 signals of stable uptrend.

- Daily timeframe: 0 signals of stable downtrend and 0 stable uptrend signals.

In short, the picture is contradictory, but while BTC looks weak, there is reason to believe that the downtrend signals on the hourly timeframe for altcoins today are true, and at least the basic targets will be met. The ability to rise against a falling BTC has its limits. For now, stable uptrends/downtrends for altcoins on lower timeframes are working out their basic targets and reversing. As a result, there have already been several days of range.

For prospects longer than a few days, the picture looks good, and the spoiler to this is the dominance of BTC. It is currently consolidating below important EMAs on the hourly timeframes. The key moment here occurs on the 12-hour timeframe, where dominance broke the EMA 50 yesterday and today is retesting the loss of this support. It is still very important to see a return to a stable downtrend on the same 12-hour timeframe. This could be an early spoiler for market growth and altcoin pumps. And we are waiting for a weekly close below 58.65%, this is important.

The volatility index of BTC price continues to decline with a target low on January 1-3. This forecast is fully in effect, and the decline is clearly following it. Increased volatility before these days is not expected; the New Year holidays contribute to the realization of expectations.