$BTC
Right now, there are huge liquidation targets sitting on both sides of the BTC USD price. Usually, such hotspots are very desirable to big traders, and events like a short squeeze are very likely to happen.
Until those targets are met price is going to be stuck on those levels, and most probably, more and more liquidity will be trapped in those regions. $ETH
#With no breakout either way, traders are bracing for volatility to return.
Overall, that doesnโt mean bear season is starting for crypto. After a great run last couple of months, this is the point of a healthy but brutal retrace that market participants need to go through. And the name of the game is patience.
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