Currently, Bitcoin is the most fragmented market.

On the macro level, the Federal Reserve has clearly signaled three rate cuts.
Traditional finance is entering the market every day.
Franklin D. Roosevelt has just acquired a crypto firm again.
All long-term logic points to an upward trend.
And the reality is:
Fear and Greed Index at 12, extreme fear.
60% of retail investors are opening long positions, being hit four times daily by bots.
BNB has dropped 5% for no reason.
SOL has fallen 15% in a few days.
All news is ultimately bearish, and all upward movements are false breakouts.
And the most ironic thing is, what’s holding the entire market back isn’t any event that has already happened.
It’s the words that Trump hasn’t said yet.
It’s the oil price that hasn’t reached $200.
It’s everyone knowing that future wars will escalate, but no one knows when.
In this range, there are no bulls or bears.
Only one group waiting for the shoe to drop, and another waiting for the other side to collapse first.
Right now, the price is most likely to stay between around $60K and $70K; if the shoe doesn’t drop, no one can break out of this range.
Historically, every time this happens, the final move is always more brutal than anyone expects.
Let’s see if tomorrow night’s non-farm payroll data 📊 can settle the score.