$BTC today measured: low volumes - a harbinger of great volatility on Monday? 🚨
Today, on Sunday, the Bitcoin market is quiet 💤. The price of BTC is moving within a narrow range, and trading activity has significantly decreased 📉. Volumes on spot and derivatives exchanges are at their lowest values in recent weeks - and this indicates calm before the storm 🌪️.
📊 What is happening?
🔹 The price of BTC is hovering around key support and resistance levels.
🔹 Trading volumes are minimal.
🔹 Investors and traders have taken a wait-and-see position.
🔹 Open interest in futures is not increasing, but it is also not decreasing.
Many analysts note that the current consolidation often precedes a surge in volatility, especially at the beginning of a new week. 📈📉
⚠️ What to expect?
📍 Two scenarios:
Breakout upwards 🚀 - if sentiment in global markets improves and bullish momentum emerges.
Breakdown downwards 📉 - if capital prefers to move to "safe havens" or if profit-taking occurs.