At this position, large funds are quietly positioning themselves.
Is it a trap for the bulls or a true breakout?
Pay attention to these details:
1️⃣ Volume change: Is there an increase in volume during the rise?
2️⃣ Spike frequency: Are there many spikes up and down recently?
3️⃣ Large order movement: Are there any unusual large orders on the exchange?
Last night, Bitcoin was sluggish, stuck in mid-air on the 4-hour level.
The indecision is frustrating.
But experienced traders know— the longer the consolidation, the more intense the breakout!
Recently, market sentiment is sensitive, and any slight movement could trigger wild fluctuations.
Position management is more important than simply predicting the direction.
