Everything went as planned yesterday, $BTC is going down to liquidate positions at 97k. For those who still don't know what I'm referring to, please read yesterday's analysis.

The liquidity around the levels of 99k and 97k has already been taken, and so far the support test seems to have reacted well.

Most altcoins have reacted relatively well, which is a good sign. We have had declines, as is logical, but not the usual 10%. This would be a good time to enter a little capital if you missed the previous dip.

My forecast is that the bullish run will continue once more liquidity starts to appear above 100k; for now, I expect a few days of sideways movement consolidating above 98k. In a bearish case, we could drop to 95k where there seems to be quite a bit of accumulated liquidity as well.

I remain attentive to the dominance of $BTC since that is what we really want to see fall to gain profits in the altcoin. Currently, it is at 57.8%, but it is most likely to reject the 58%.

Remember to have your own strategies and research each movement cautiously.