Bitcoin has recently shown signs of sideways consolidation. Although facing selling pressure, the key support levels remain stable, which is usually a preparatory phase before a major move. The current position of BTC within the entire cycle, changes in trading volume, and the performance of support levels all suggest that a larger rebound may be imminent. The market is accumulating momentum, and investors should watch whether the price breaks through recent highs. Once broken, the rebound could accelerate.
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TradFiRefugee
· 16h ago
Accumulation phase? Buddy, I'm tired of hearing that line. Every time there's a sideways move, you say it's going to break out, but then... This time, the support level is indeed solidly established. I'll still be keeping a close eye on that breakout point.
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FlatTax
· 01-08 19:08
I've heard the phrase "consolidation and building momentum" so many times, does it really rebound?
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GrayscaleArbitrageur
· 01-08 06:43
Here we go again with this routine, I've heard the "power-up" phase too many times.
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SeeYouInFourYears
· 01-07 20:54
I've heard the phrase "consolidation and gathering strength" too many times, but this time the support level really didn't break, which is quite interesting.
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ColdWalletGuardian
· 01-07 20:54
You hear this phrase before every market move. Is this time real or fake?
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DaisyUnicorn
· 01-07 20:53
A sideways market is like flowers wilting, waiting for the moment to break through the soil. The support level is as stable as a root, truly reliable.
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TrustlessMaximalist
· 01-07 20:46
Is it charging up again? Feels like I'm charging up every day.
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MechanicalMartel
· 01-07 20:45
After such a long sideways movement, it feels like a breakdown is only a matter of time.
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SelfCustodyBro
· 01-07 20:39
We've been in consolidation for so long, and now they're talking about gathering strength again... I'm already tired of hearing this kind of talk.
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FUD_Whisperer
· 01-07 20:36
Is this another charging phase? You say this every time. I'm just asking if this time it won't be another false alarm.
Bitcoin has recently shown signs of sideways consolidation. Although facing selling pressure, the key support levels remain stable, which is usually a preparatory phase before a major move. The current position of BTC within the entire cycle, changes in trading volume, and the performance of support levels all suggest that a larger rebound may be imminent. The market is accumulating momentum, and investors should watch whether the price breaks through recent highs. Once broken, the rebound could accelerate.