🔴｜ETH Boring Market
Bitcoin and ETH have been oscillating in a narrow range for three consecutive days within this consolidation zone. To be honest, such a market is indeed a bit torturous.
It can't go up or down, oscillating back and forth within this 80-point consolidation zone of 2460-2540, wasting time. However, this narrow compression is like a compressed spring, waiting to release with a big move.
In this repetitive testing of support and resistance, you can also follow along by taking a 'light position' on the left side of the support to go long or short, but be sure to set your stop loss a bit below the support and a bit above the resistance.
For everything else, just patiently wait for the market to move, and keep your hands steady.
Additionally, the small-level support is rising, which may lead to false breakouts followed by a sharper decline.
