$BTC Turbulent Situation: Who Will Win the Bull-Bear Battle?
Today's Bitcoin market is really nerve-wracking!
The price has been fluctuating between 106,600 and 107,100, and in the end, it only rose by 0.1%, almost like it didn't move at all. The technicals are completely flat, the indicator lines are nearly sticking to the closing price...
What's most concerning is the trading volume; the market is collectively playing dead, with neither anyone chasing the price up nor anyone selling off. To put it bluntly, it’s the calm before the storm, and Bitcoin still needs to hover between 106,000 and 107,500.
However, one must stay alert; if the Federal Reserve suddenly sneezes, or if some big player quietly reallocates their holdings, this stagnant water could immediately turn into a waterfall! So, the best strategy now is not to rush into action; it’s better to wait until the direction is clear before making a move!
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