Recently, in the past couple of days, both Ethereum and Bitcoin have fallen into a frustrating sideways consolidation pattern. Prices repeatedly test key levels but just can't gather enough momentum to break through. The reason is simple—lack of funds. Trading volume has been shrinking day by day, with no sign of new capital inflows or active buying interest. The market is like a phone with no battery—completely immobile.

From a technical perspective, the Bollinger Bands are already very tight, and the moving averages across different timeframes are converging. This indicates that neither the bulls nor the bears can dominate the other at the moment. Although the MACD has risen from the bottom and is approaching the zero line, it hasn't formed a proper golden cross yet. The bullish momentum is still insufficient.

Bitcoin's current position is as follows: the current price is 2944.59 USDT, with support in the range of 2908.58-2930.01. Resistance levels are at 2939.82-2959.99 and 3056.0. If you want to trade, you can place buy orders near the support levels, but once the support is broken, you should cut losses decisively—no hesitation.

Honestly, this volume-consolidation sideways market is a trap that can easily lead to impulsive moves. My advice is to stay patient and wait until the overall trend becomes clearer before taking action. Unless there's a volume breakout above resistance, a retest of lower levels is also not surprising. Instead of messing around in this kind of market, it's better to observe and save your bullets for real opportunities.