From a macro perspective, Bitcoin is trading between approximately $80,500 and $97,500, currently near $87,000.
Range-bound activity can provide insights into market sentiment and stability in crypto markets.
What are your thoughts on Bitcoin’s current behavior in this range?
Analyzing Bitcoin’s Current Range and Market Dynamics
byu/Mission-Stomach-3751 inCryptoTechnology
Posted by Mission-Stomach-3751
1 Comment
What’s interesting about this range isn’t just where price is, but how it’s behaving inside it.
Moves up are getting sold quickly, but downside also keeps getting absorbed — which feels less like fear and more like indecision + positioning. That usually points to participants waiting for an external trigger rather than reacting to on-chain or technical signals alone.
To me, the range says more about macro uncertainty and narrative fatigue than weak demand. Curious whether others are seeing this as accumulation, distribution, or just capital waiting on clarity.