It was risky: at one point, BTC dropped below $91k 🌡
The market could have stopped at a simple retest of $100k, but there were too many leveraged long positions (total liquidations reached $718 million).
BTC's market dominance fell below 54%, yet altcoins were almost unaffected during this correction. The market shows a strong inclination toward continuing the bullish trend, which should be confirmed by a swift recovery of BTC above $100k.
A decline in altcoins may only begin if BTC attempts a deeper correction 🕯
