What is a sideways market🧐
It's simple, it's when the price of a cryptocurrency neither rises nor falls, but moves within a certain range, as if stuck in a "corridor". For example, a coin may fluctuate between $0.95 and $1.00, but does not go beyond these limits.
Traders call this a flat market, and such a market is considered calm. There are no sharp jumps like during an increase or decrease, and the price seems to be "resting".
What to do in a sideways market?
You can buy at the lower boundary of the "corridor" and sell at the upper one.
The main thing is to be attentive not to miss the moment when the price breaks out of the sideways movement either upwards or downwards.
A flat market can be both boring and profitable if you catch the right moments!😉
