Looking at the current situation, it's neither the start of a bear market nor the beginning of the next bull run. It's like BTC surged to 120,000 and ETH reached a high of 4,900, then plummeted all the way down to the mid-range, now simply consolidating sideways. Drawing a "U" shape or a box pattern, wearing down the impatient retail traders' chips and over-leveraged positions.



The market has shown quite a noticeable change over the past one or two weeks — from initial panic selling to a narrow range of sideways consolidation without a clear direction. Both upward and downward movements are limited; there are no cheap levels to buy the dip, nor are there obvious risk points to chase the top. The crypto market now seems to be gathering energy, waiting for the next directional signal.

From a trading perspective, the most rational choice might be to hold steady and let the market shape itself. It’s more prudent to wait until clear support or resistance levels are broken before making further moves.
BTC-2.35%
ETH-2.28%
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PositionPhobiavip
· 2h ago
Just sideways trading, then so be it. I've already cut all my losses, haha. How long have I been waiting? It feels like the signals never come. Hold? My position was closed long ago. If the previous high isn't broken, I'll just keep lying flat, too lazy to watch the market. Grinding for chips is fine, but my mentality has already been shattered. By the time it breaks out, I guess I'll have already moved on to something else.
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StakeOrRegretvip
· 2h ago
Grinding chips, grinding here, retail investors' lives are just being consumed like this Consolidation is just cutting our patience, really Hold down? I've already pressed until my hand hurts, and I still have to keep pressing? Waiting for a breakout signal? Why does it feel like we're always waiting? This is the crypto world, either making a killing or losing your mind, there's no third way Stuck halfway up the mountain, who can stand this? Can't catch the bottom, no chance to escape at the top, just trapped like this
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ChainDetectivevip
· 2h ago
The idea of diluting retail investors' chips is just something you hear; the key is to determine whether you are the one being worn down. This kind of box consolidation, frankly, is a gamble—betting on who breaks the level first, who breaks later. Both the bullish and bearish sides claim to have solid reasons. Instead of waiting for signals, it's better to establish a position and try to test the waters. Anyway, with such small fluctuations now, you can't lose much. What are you waiting for? The real buying opportunity might pass in the blink of an eye, and you'll regret it so much you'll feel sick. Holding? Many people are forced to hold just because they hold, even though their cost basis has already been recovered, and they're still waiting for a rebound.
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CryptoCross-TalkClubvip
· 2h ago
Haha, this is just squeezing the little guys. I’ve been saying that the best trading strategy right now is—do nothing. Wait, you said hold? Then what about my leverage, bro?
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ImpermanentPhilosophervip
· 3h ago
Grinding chips, that's right, retail investors' cheap stocks should indeed be cleared out. Sit and wait for a clear signal, so you won't be caught in the crossfire. Let the sideways movement be, anyway the wave that chased the high has already been liquidated haha. This brother's analysis is thorough, but the problem is retail investors simply can't sit still, they'll chase the rally again tomorrow. Waiting for the support level to break? Come on, there will be more people chasing the high then.
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