The market is still stuck in a grueling period of consolidation.
Bitcoin is stuck in a range between $91,000 and $94,000, while Ethereum is seesawing between $3,070 and $3,240. Neither the bulls nor the bears are willing to give in, and this kind of stalemate is the most troublesome—after a prolonged sideways movement, it will either break out, or retest the lows again.
For those going long, be cautious at this level. If the consolidation lasts too long without a breakout, the probability of testing lower increases. Manage your positions carefully and don’t let the volatility shake you out.
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WalletDivorcer
· 17h ago
This sideways market is killing me. When will it end?
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RektButSmiling
· 12-05 09:52
It's been moving sideways for so long, I think things are about to change.
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AirdropHunter
· 12-05 09:43
It's been moving sideways for so long that my mindset has been worn down. I really can't hold on any longer.
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BitcoinDaddy
· 12-05 09:30
It's been going sideways for so long, it's really annoying. Just break out already and stop messing with people.
The market is still stuck in a grueling period of consolidation.
Bitcoin is stuck in a range between $91,000 and $94,000, while Ethereum is seesawing between $3,070 and $3,240. Neither the bulls nor the bears are willing to give in, and this kind of stalemate is the most troublesome—after a prolonged sideways movement, it will either break out, or retest the lows again.
For those going long, be cautious at this level. If the consolidation lasts too long without a breakout, the probability of testing lower increases. Manage your positions carefully and don’t let the volatility shake you out.