I can see BTCUSD coming to grab some liquidity below the 50% fib level as illustrated on the chart. Buyers still very much in control of course, so I will be looking for buy entries around this level if price reacts the way I predict.
Not normally one to focus on crypto but the start of the year has been crazy and there really seems to be no ceiling at the moment for where they can go, especially with the weakness of the dollar surely playing its part.