I think that now (Holldays) It's not a good time to test BTC price action. So far we can see a true healty pull back without any panic sell. I can assume that most traders got their money out or some jumped on the daily pumped coin. Also low volumes suggests that It's a waiting time untill the money movers will return to buissness. One thing is for sure we all need to get ready for after the hollidays, wait for a bigger dip or just hit long for a new ATH.
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I thought we might see some tax related selling to start the new year. Not seeing it all so far. Great news.