Bitcoin is currently trading within a well-defined range, moving between a strong support level at the bottom and a clear resistance zone at the top.
At this stage, price action shows repeated bounces from support and rejections near resistance, indicating that the market is in a consolidation phase. This kind of structure usually appears before a major breakout or breakdown.
As long as Bitcoin remains inside this range, short-term volatility will continue, and traders should closely watch for a high-volume move outside the range to confirm the next direction.
A break above resistance could signal the start of a new bullish leg, while a loss of support may lead to a deeper correction.
Market sentiment remains cautious but ready for expansion.
BTCUSDT
Διην.
90,829
-1.31%
ETHUSDT
Διην.
3,137.2
-2.65%
BNBUSDT
Διην.
895.81
-0.66%
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