Recently looked at Bitcoin's trend—this week, it has basically been trading back and forth within a high-range range. It has risen from over 70,000 to nearly 78K, but the true breakthrough momentum is still not strong enough. I’ve noticed that on the short term, there have been many false breakouts; both bulls and bears keep testing each other’s bottom lines. Interestingly, ETF capital inflows are relatively dispersed, with no clear direction, and with volatility surging, many people’s stop-loss orders have been triggered. The upward momentum of altcoins is even weaker—everyone seems to be watching from the sidelines. In a range-bound market like this, it’s better to wait patiently for a real direction confirmation than to trade frequently.#crypto #bitcoin