Choking moment! The crypto market is trapped in a deadlock of 'no rise, no fall'!
The current crypto market has fallen into a strange 'choking' balance: lacking upward momentum, even a decent attempt to lure buyers is absent; yet downward movement is hesitant, gradually eroding confidence like boiling a frog in warm water. Under Bitcoin's dominance, altcoins' 'follow-up' is merely a desperate struggle before more declines. ETH may have a glimmer of hope with ETFs, but BCH? Just a gamble on short-term luck.
The most fatal signal: no fresh blood! Existing funds are 'playing hide and seek', no one dares or is able to break the deadlock. This is not healthy bullish accumulation but a standoff with both sides suffering losses.
Beneath the silence lies tremendous power. Hold your chips, fasten your seatbelt; stay in cash and patiently wait for the wind to settle! This is not volatility; it is the suffocating silence before a duel.
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