$BTC is still hovering around 82812.42. Don’t be fooled by the fact that it’s only down 0.50%—this is exactly the kind of level that shakes out impatient traders. Trading volume is 1.15B, so it’s not being ignored; the market just hasn’t committed to a direction yet. I’m not in a hurry to call the bottom or chase the first bullish candle. I’ll first open the token page and check the 1h candlestick chart and the depth of the buy and sell orders: if the sell orders above 83309.29 get absorbed, then the rebound will look more convincing; if it falls back to 82149.92, then it’s still just a false move within the range. As in previous periods of weak sideways trading, the biggest trap is a breakout that immediately comes on declining volume. My approach is simple: check volume first, then the price level; if I can’t confirm it, I’ll let it play out. I’ll also compare trading activity with the same time last night. If volume is only half as high, I’ll lower my expectations even if the price hasn’t broken down. I’ll also compare trading activity with the same time last night. If volume is only half as high, I’ll lower my expectations even if the price hasn’t broken down. I’ll also compare trading activity with the same time last night. If volume is only half as high, I’ll lower my expectations even if the price hasn’t broken down.