BTC & ETH Rangebound — Watch for a Breakout
I see Bitcoin and Ethereum still stuck in indecision, trading sideways after failed breakout attempts. Momentum is mixed and volume is subdued, so neither bulls nor bears have taken charge.
I expect volatility to remain compressed until a clear catalyst appears; a decisive breakout above resistance or a deep retracement to established support will set the next trend. I'll avoid initiating large positions until price action confirms direction.
Analysis
Recommendation
Watch price action and avoid large new positions. Prefer a confirmed breakout for entries or small, staged buys on weakness into support with tight risk management.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.