Happy 100k! I know I'm a bit late but I wanted to see if this was a solid breakout or just a sell-off.
It seems to have settled down pretty well, maybe sooner than I thought but it doesn't change the plans either. As you can see from the liquidation heatmap, we went up to liquidate positions around 101k and are now settling in on the recent rise.
To offset the good news we also have a considerable rise in the $BTC domain which is now above 57.53%. It's barely noticeable due to the breakout of $BTC , but it's not a welcome sight for altcoin holders.
My personal prediction is that $BTC will continue its bull run, but before then it will probably go down to take liquidity and could reach 97k. We are still keeping an eye on the dominance as we need it to drop to make big gains in altcoins. It is also prudent to see how the market reacts in the short term as January 20 approaches.
Remember to do your research and have your own strategies.