Bitcoin is currently moving in a consolidation range, showing signs of indecision on lower timeframes. Price action suggests that the market is waiting for a clear confirmation before its next major move.
🔍 Market Observations:
Price is facing strong resistance near the upper range
Support zone is holding well, indicating no panic selling
Volume remains moderate to low, signaling weak momentum
📈 Technical Insight:
A confirmed breakout above resistance with strong volume may lead to bullish continuation
A breakdown below support could invite short-term bearish pressure
Until then, patience is key
🧠 Trading Insight:
Instead of chasing trades, it is better to protect capital and wait for high-probability setups. Sideways markets often trap emotional traders.
⚠️ Risk Note:
This analysis is based purely on price action and market structure.
Always manage your risk and use proper stop-loss strategies.
