At 2:45 PM, staring at the screen for so long that I felt a bit dazed. BTC has been grinding around 79812 all day, with less than 1% volatility, like a stagnant pool of water. ETH is a bit more active at 2508, up 2.3%, but that’s about it.

Back to my own turf. XAUT is eerily quiet today — high of 4428, low of 4423, with only a $5 range all day. Open interest of 48,000, and volume has shrunk to the extreme. The signal from the system is "wait and see." To be honest, in a market like this, even grid trading doesn’t feel worth opening.

Sometimes I feel that doing nothing is the best move. But when I’m really sitting here staring at the screen, my hands still itch. That’s probably the fate of a trader — always wanting to squeeze some profit out of the market’s silence. Assets like XAUT, which are considered safe havens, usually move so little that they make you question life, but when BTC crashes someday, it might be the only safe harbor.

The current position is very delicate. BTC has been moving sideways for so long that a directional choice is bound to come eventually. When that happens, whether XAUT gets pulled along or breaks out against the trend, no one can say for sure. My system is still waiting, and so am I.

Anyone else waiting for a direction like I am? Let’s talk about your positions in the comments.

Follow my smart trading system and copy trade with me. Invitation code FACAI6666888
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