Market Update:

Bitcoin has shattered its previous all-time high (ATH), breaking the $100k barrier overnight, and we're officially in price discovery mode. The key question now is whether Bitcoin can hold above $100k. If there's a pullback, all eyes will be on the $99k level, which aligns with the last ATH and the previous week's high, offering potential support.

On the altcoin front, while the market cap is inching closer to its own ATH, Bitcoin dominance has been climbing, causing altcoins to lag behind Bitcoin's surge. This BTC dominance bounce is a positive sign for the continuation of the overall crypto rally, but for now, it’s wise to exercise caution with altcoins as Bitcoin remains in the spotlight.