Price compressed, market on hold and a decisive movement approaching
Bitcoin prices ✨(\u003cc-192/\u003e)✨and Ethereum prices ✨(\u003cc-196/\u003e)✨remain trapped in increasingly narrow ranges, while volatility continues to decrease clearly across the market.
At the moment:
• Bitcoin (BTC) trades around $88,200
• Ethereum (ETH) hovers near $2,980
📊 Daily charts show a classic price compression scenario: smaller candles, reduced ranges, and neutral technical indicators. This behavior suggests that the market is accumulating energy, waiting for a catalyst capable of generating a real and sustained breakout.
📌 Important: the next relevant movement should not come from rapid spikes or false breaks, but from a clear breakout followed by acceptance of the price outside the current range. Until that happens, action tends to remain slow, technical, and frustrating for those trying to anticipate direction.
🕰️ Seasonality fails in this cycle
Historically, the last quarter of the year tends to be constructive for the crypto market, with December often marking the beginning of a new upward impulse.
In previous cycles:
• Bitcoin broke long consolidations
• Ethereum followed the movement right after
📌 In this cycle, this pattern did not confirm.
Despite several attempts, buyers could not sustain breakouts, keeping the market:
• lateral
• with compressed volatility
• and traders in wait mode
⸻
📊 Confirmation on the chart: compressed volatility is real
🔎 Bitcoin (BTC/USDT) — daily chart
The chart shows clearly:
• Price lateralized after a strong correction
• RSI in neutral region (~45–50) → no directional strength
• MACD flat, near the zero line → absence of momentum
• Stochastic RSI oscillating, but with no continuity
• Price below longer averages, indicating structural caution
📌 BTC is consolidating, not accumulating aggressively.
⸻
🔎 Ethereum (ETH/USDT) — daily chart
Ethereum mirrors Bitcoin's behavior:
• Side structure after a sharp drop
• RSI also neutral (~45)
• MACD negative, but with no acceleration
• Price stuck between short averages, no clear trend
• Volume without relevant expansion
📌 ETH remains reactive, not leader.
⸻
🎯 Price ranges that will decide the next movement
With compressed volatility, these levels become decisive, as volatility expansion usually occurs after a breakout and retention outside these zones.
🟠 Bitcoin (BTC)
• Resistance zone: US$ 87,800 – US$ 88,500
• Support zone: US$ 84,200 – US$ 83,500
While the price remains within this range:
• action tends to be slow and erratic
• false breakouts are more likely
✔️ Breakout + acceptance above resistance → signal of a recovery
❌ Clear loss of support → acceleration of the drop with increased volatility
⸻
🔵 Ethereum (ETH)
• Resistance zone: US$ 3,000 – US$ 3,050
• Support zone: US$ 2,880 – US$ 2,830
The chart confirms:
• ETH remains dependent on BTC
• Lack of strength of its own at the moment
✔️ Acceptance above resistance → buyers regain control
❌ Loss of support → selling pressure gains traction
⸻
🧠 Market reading: less movement, more importance
The market has entered a classic compression phase:
• low volatility
• ranges getting smaller
• neutral indicators
📌 This is not a signal of immediate strength or weakness — it is preparation.
⸻
📌 The bottom line
Bitcoin and Ethereum are moving less, but each candle matters more.
At this moment:
• the market does not reward anticipation
• no aggressive positioning without confirmation
The focus now should be:
• observe how the price reacts at key levels
• wait for breakout with retention
• prioritize patience, risk control, and preparation
At the moment:
⚠️ But when it returns, it won't warn.🐒💨✅
