$BTC is currently stuck around $118,000, sitting right in the middle of the range. From here, we could either see a breakout toward $122,000 — or a pullback to the $114,500 zone first.

There’s a lot of liquidity above, but that doesn’t guarantee a breakout from current levels.

The pressure from $BTC dominance is keeping alts pinned down, and the setup is risky — some altcoins are tempting for a long, but a drop to $114,500 could drag them down another -6 to -7%🩸.