BTC moved just 0.27% in 24 hours, with major coins collectively trading sideways
Data (Binance spot, around 09:25 today):
$BTC 73708.15 USD, +0.27%, trading volume about 1.154 billion USD, amplitude 2.2%
$ETH 2051.80 USD, +0.17%, trading volume about 404 million USD, amplitude 3.3%
SOL 83.12 USD, +0.04%, amplitude 4.5%
$BNB 678.29 USD, -0.19%, amplitude 1.9%
Analysis: All four major coins moved less than 0.3%. BNB had the smallest amplitude, SOL the largest, and the broader market is waiting for direction. When volume contracts and prices remain steady, breakouts often come rather suddenly.
Narrowing volatility does not mean risk has disappeared. Pay attention to your position size. This is not investment advice.
Do you think this period of sideways trading will break upward or downward?
Data (Binance spot, around 09:25 today):
$BTC 73708.15 USD, +0.27%, trading volume about 1.154 billion USD, amplitude 2.2%
$ETH 2051.80 USD, +0.17%, trading volume about 404 million USD, amplitude 3.3%
SOL 83.12 USD, +0.04%, amplitude 4.5%
$BNB 678.29 USD, -0.19%, amplitude 1.9%
Analysis: All four major coins moved less than 0.3%. BNB had the smallest amplitude, SOL the largest, and the broader market is waiting for direction. When volume contracts and prices remain steady, breakouts often come rather suddenly.
Narrowing volatility does not mean risk has disappeared. Pay attention to your position size. This is not investment advice.
Do you think this period of sideways trading will break upward or downward?