Bitcoin continues to fluctuate within a narrow range, reflecting a state of anticipation in the market before any clear direction is taken. The balance between buyers and sellers remains intact, while technical indicators show neutral signals with a slight tilt towards positivity.
Key Points:
The market is in a waiting state for a clear breakout either upwards to retest previous highs, or downwards which could signal a new corrective wave.
Liquidity is moderate, and trading volume is stable, supporting the idea that a significant movement may be near.
News related to cryptocurrency regulation and U.S. interest rate decisions continue to be strong influencing factors on the overall mood of investors.
Advice for Traders:
Pay close attention to support and resistance areas, and do not enter the market without a clear plan and strict risk management. In light of current movements, short trading strategies (scalping or swing trading) may be the most suitable.