After a pump yesterday to new 9 month highs, Bitcoin saw almost a full retracement of the move up. Closing below the Range Highs and 2023 VAH acting as resistance. The biggest bounce so far came exactly from our January Value Area High, and for now is ranging between the Monday High and 2023 VAH.

Still some very big levels below that I am watching for if we get a pullback. However, if Bitcoin does start to stabilise here, and BTC Dominance falls, then we can start to see nice moves in shitcoins.

Remember we have the PPI data release today at 12:30 UTC.