#EthereumFuture

If you notice that the price of Bitcoin is moving for two or three days within a defined range between $92,000 and $93,000 and $94,000, do not be deceived!

This is not a real rise, but it may just be the calm before the storm!

Now, according to the technical analysis on the 4-hour timeframe, we see that the price is indeed oscillating in this narrow range without any clear breakout to the upside, just like what happened previously when the price reached $95,000, and then suddenly the phase of collective sliding began.

Even with the positive news that came out today, such as Tether and SoftBank announcing a new project in the field of Bitcoin, and the price rising by 6.8% over the past hours, all of this does not necessarily mean that the market is on its way to a strong rise.

On the contrary, this kind of "stagnation within a price range" is often a precursor to a sudden drop.

The lesson?

When you see the price swinging without clear progress, get out of the market immediately and start