Let's take a look at the price movements over the past few days 👇👇
1️⃣ BTC once moved to the 26k8 area, now back to the 26k zone.
2️⃣ Trading volume is below average.
3️⃣ The market fell slightly.
BTC's liquidity zone shall be 25k6 - 26k7
👉 BTC has moved to the 26k8 area, close to the peak of the liquidity zone as we mentioned. However, BTC could not move higher and was quickly brought back to the 26k price zone.
The general market is currently in a state of indecision, as every move of other altcoins in the market depends on the nasty price movements of BTC.
It will probably take BTC 3-4 weeks to move in this 25k3 - 27k1 liquidity zone. As usual, any strong movement either side would determine the direction of the market.