Last week, we saw a surge in cryptocurrencies that brought bitcoin $BTCUSD to record highs, almost hitting $6000. Litecoin $LTCUSD also broke above a month-long consolidation resistance, which opened up a bullish continuation scenario. This week, we are the market pare some of those gains. Bitcoin 4H Chart(click to enlarge)Topping:- The 4H chart shows that BTCUSD stalled after it cracked 5800. - After consolidating for the past few sessions, it looks like it might complete a price top.- If price dips below 5445, we might see further bearish correction.- Howeve, we should anticipate support around 5000, near the previous resistance pivot. - A break below 4800 however signals a more significant correction towards 4400. Litecoin 4H Chart(click to enlarge)Key Support:- Looking at the LTCUSD 4H chart, we can see that price is retreating after a bullish breakout.- The previous resistance area is around 58, and price just around that area right now. But even if it continues to slide, LTCUSD might still be bullish if it can find support around 55. - around 55, there is a previous resistance pivot, a rising trendline. The 200- and 100-period simple moving averages in the 4H chart are also around 55.- A break below 54 might be a sign that LTCUSD is still in a medium-term consolidation/bearish correction mode. This would open up the 50 handle, the 45 support pivot, and even the low around 34.