The market sentiment is uncertain. If the price of $BTC falls below $94,500 - $94,400, the next target is $92,800 - $92,400, at $92,000 - a huge liquidation. Dominance is 61.4%. If it does not fall in this scenario, altcoins will spill by about 20%.
At the same time, the US Consumer Price Index is released today. In case of a decline, we expect growth of $BTC , the target is $98,400 and a squeeze to $100,000. If we break through, a series of liquidations will rain down to $102,500. Be careful, 5-point volatility is possible.
Fear with a drop of hope prevails in the market. As practice shows, this is usually a controlled process. Strong FOMO in December-January forced traders to buy in on spot, open long with big leverage. The greediest ones have already been shaved. All that's left is to shake out the spot wallets.
This is a standard market maker tactic - to cause fear and disappointment, wait until everyone dumps their coins, and whales buy it all at bargain prices and start another pump. Another FOMO will appear, and people will start bringing money to the exchanges again.
If only we knew when this pump would happen...
Not a financial recommendation. Trade wisely and earn!