In BTC, the price is rebounding from the support zone (around $112,000), and there is strong resistance at $116,700 (EMA99)... If it reaches those 116k BTC again, there could be a short-term increase, although graphically a bearish structure is observed.
If it cannot hold those 112k, we will see even more drops towards 107k and it would drag many altcoins and memes down further.
For example, Pepe is already showing that small increase before seeing it drop; if it reaches 965, we will see a drop to 775 or perhaps lower before seeing a rebound.
As I said yesterday, this drop is being manipulated...
stay alert..
It is still wounded and no matter how much strength it tries to gather, its fall is imminent.... $BTC