Sideways trading within a relatively narrow range

[shinratensei_]

What do you mean by "next major trend is soon to start"? This statement can be interpreted as referring to both an upward and a downward trend.

As long as the price remains above $83,000 or below $96,000, it will likely remain stable within that price range.

Hehe yup, I find it funny to see people giving this kind of 'doesn't really mean anything' kinda analysis. And what is a major trend for them? 10%? 20%? Cause there has not been for a long time a big 20+ % move of a sudden for a long time now.

83-96 is about 15+% and that is considered super normal for BTC honestly.

The next major trend that they meant could be a resistance break out that could be a sign for another leg up and rally. The sideways around 15% range is definitely like a monday stroll in crypto.
But when the price suddenly break out, this means something might be going on soon e.g major trend reversal.

That's what I understand from most of people here. I personally follow this style of trading too because identifying break out is easy.

[jaberwock]

Recent price actions of Bitcoin are really tough for traders, but scalpers may be making a lot of money recently.
So for me, if these kinds of price actions are not for you, like it's not your thing as we're really into sideways and a lot of wicks and could just be stop loss hunting, I'd rather not trade.

Waiting instead of opening trades that are not sure is better. There are still lot of good opportunity waiting ahead.

As far as what I learned from few known traders, traders love sideways market. Every trading strategy deals with support and resistance and when traders seeing that market is repeatedly testing support and resistance levels, they may start playing by easily identifying the sideways market. In stock market, most high value stocks are range bounded for all the times and smart traders who identify this, makes easy money. So, sideways market cannot be a tough one for crypto traders for sure.

I suggest to trade in any kind of market only when you are fully equipped. It means, market can be sideways or highly volatile, if you are good in TA, you can go for. Opportunities are everywhere but we need knowledge to grab them, this is very much true with respect to crypto trading.

[gunhell16]

In this sideways, I prefer to wait and do nothing. Just wait and monitor the market. I don't want to take the risks of analyzing the market and entering the market. If you want to trade, you need to analyze, that is the key. But if you don't want to bother the price fluctuation, you can buy at dips and hodl. That is the thing you can do to accumulate it at various low prices. Investors still accumulate more without thinking about the price. Fluctuations will not disrupt you because you only focus on accumulating more Bitcoin.

But in situations like these, won't it be better to hold investing more money? We might get better opportunities in a couple of weeks if bitcoins continue with the downfall and that will be the moment to start investing again. Yeah, investing a minimum percentage of our total allocated budget can be a good decision but I personally would not invest more than 3% of my total budget and will continue waiting until I see better price range. I will keep monitoring the market actively though because at this point, bitcoins can show sudden movements which I do not want to miss.

Maybe DCA can be a good strategy for here who wants to start their investment journey. For investors, they do have multiple options but when it comes to traders, we have quite a few options to make profits in these kind of markets. The volatility is almost negligible which can also reduce the profits while keeping risk factor the same.

In situations like this, it really isn’t advisable to engage in trading activities for daily trades. I agree that DCA is truly one of the best methods in times like these. So as much as possible, when you’re accumulating, just keep buying steadily.

We’ve been in a sideways market for several weeks now, and in scenarios like this, what we experience is a repeated roller-coaster ride. Up to now, this is still what we’re going through in the crypto market.

[tottong]

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‎* What does the consolidation or sideways trading period within this current narrow margin, mean for you as a trader or investor? What is the best course of action during this narrow range period?

I prefer investing to trading in volatile price conditions like this because it is difficult to predict prices when we approach trading in such conditions, especially if we are involved in futures trading.
For traders, price action in this situation is a bit more difficult to determine direction because the price can reverse quickly and result in liquidation. Ideally, scalping is more suitable for someone involved in trading because we can exit more quickly without having to worry about prolonged price movements. This is just my personal opinion.

If you are unable to see a clearer direction, then waiting is much better or taking an investment approach by entering the market at a price that is much more in line with your desired position so that the risk is much smaller.

[slaman29]

<>
83-96 is about 15+% and that is considered super normal for BTC honestly.

The next major trend that they meant could be a resistance break out that could be a sign for another leg up and rally. The sideways around 15% range is definitely like a monday stroll in crypto.
But when the price suddenly break out, this means something might be going on soon e.g major trend reversal.

That's what I understand from most of people here. I personally follow this style of trading too because identifying break out is easy.

So strange right that in a few weeks everything is changed and yet nothing is changed.

My comment remains exactly the same and yet perspective and opinion perfectly moved in different directions.

Remember, in trading, everything is easy AFTER it happens Thats actually what TA is after all. Making a story out of data, and making a prediction hoping you got the right story

[allthebitandbobs]

Range bounded markets are always known for breaking up into the upper side but 2025 is going to end in few
If you are good at technical analysis then you may try to catch the bottom for quick selling when market recovers. Other than this, I do not have any other experience with sideways market. I like sideways because bitcoin will not differ in value significantly which is good when you do business in USDT.

Sideways market must be a dream for business people because with stable bitcoin you can focus on your core business rather than worrying about what would happen to bitcoin market like if bitcoin market falls then you will lose and it could be a worrying scenario when your recent business is in bitcoin payment.

Sideways in bitcoin market is most common because when the trend is changing from bullish to bearish and bearish to bullish, we do usually have this type of sideways market. After business people, I am sure that short traders as well will like sideways market for quick profit making.

[Asiska02]

‎* What does the consolidation or sideways trading period within this current narrow margin, mean for you as a trader or investor? What is the best course of action during this narrow range period?

The best thing as an investor is to look to take opportunities in the market, when the market is on a downtrend, the best advise is to buy the dip. The present condition of the market is showing a sideways trend towards a bull run continuation or a bearish market trends but that of the bearish marek trend is more realistic to happen. So the best thing to do in this period is to employ a strategy that will make you stack more bitcoin and not feel burdened by the price change that’s happening in the market. The market cannot be predictable but the market will continue to have a positive and negative effect in whatever you take of the market.

[alastantiger]

‎Recent market analysis and price action depicts Bitcoin as being in a stage of sideways trading or consolidation, even though it has slightly shown a downward movement, the truth is that it is trading within a relatively narrow range with a more downtrend bias. The current price action or Bitcoin, is a strong sign that the next major trend is soon to start, if you agree.
‎
‎* What does the consolidation or sideways trading period within this current narrow margin, mean for you as a trader or investor? What is the best course of action during this narrow range period?

as an investor, i would say this consolidation is the perfect time to hold and accumulate. Bitcoin is not moving much now, but history shows these sideways periods often precede significant moves. Chasing short-term trades in a narrow range is usually risky and usually ends in losses. The smart play is patience, using this time to strengthen your position, stay disciplined, and be ready to ride the next major trend when it breaks out.

[Mpamaegbu]

The best thing as an investor is to look to take opportunities in the market, when the market is on a downtrend, the best advise is to buy the dip.

Buying a dip isn't the same thing as buying when the market is in a downtrend. Buying in a downtrend is like catching a falling knife and you know how that will hurt. We can buy into a correction or retracement but not into an obvious downtrend. Don't even DCA an obvious downtrend. Stay away until you've found that daily candle signaling a bullish reversal. Then go down to a lower TF and find your entry. Doing otherwise will mean burning out your capital before the move to the upside.

[Muba20]

‎* What does the consolidation or sideways trading period within this current narrow margin, mean for you as a trader or investor? What is the best course of action during this narrow range period?

If you follow the chart for the last one month, you can see that the Bitcoin market is fluctuating between 92K and 89K. That refers the market is limited to a specific range. In this situation, the investor should carefully observe and take a decision before investing. Sometimes it gives instructions to go up and sometimes down. Investing in such a situation is a bit risky.

If the investor does not invest too much at this time and takes small trades, then the possibility of his loss will be reduced, that is, there will be an opportunity to invest risk-free. In trading, it is never possible to say that the price will increase in the future, but there is no problem in taking small risks.

Whatever the situation, if investors try to invest for the long term without trading, especially if they continue to hold Bitcoin with DCA, their chances of profit will increase a lot. Small investments will help reduce risk and increase assets.

[bitgolden]

Between strong bullish and strong bearish trend, market may take some rest which may look like stagnant condition, lol. I am not saying that we are going to enter bearish trend because market may take breath when preparing for another round of action which can be another bullish market for bitcoin with respect to current price level. Have witnessed many narrow range trend for bitcoin and fortunately all of them usually ending into bullish market. So, we can be confident about continuation of bullish market from here toward $150k level.

[hafiztalha]

Between strong bullish and strong bearish trend, market may take some rest which may look like stagnant condition, lol. I am not saying that we are going to enter bearish trend because market may take breath when preparing for another round of action which can be another bullish market for bitcoin with respect to current price level. Have witnessed many narrow range trend for bitcoin and fortunately all of them usually ending into bullish market. So, we can be confident about continuation of bullish market from here toward $150k level.

Sideways trading is common in the market because we are not watching high jump in the market as everyone is expecting and market is stable at current price and slightly up or down is becoming in the market. People are not investing at that time because they are thinking that price could go up or price will go up slightly and we we will not see big price increase. Many people want to invest but they are not good investors and if they will trade at that time then they will get less profit at that time. In the next three months we will see good price increase but that is very difficult at that time. Consolidation will be in the market after the down fall . If person want to earn big then they should invest at that time to get high margin.