#MarketNewHype
BTC showed significant volatility, rising from 104 to 107 before retreating to 106. When support at 104 became evident, the market entered a state of high unpredictability, with different participants reacting in different ways: some buying, others selling, while others remained neutral, waiting in a consolidation pattern.
If BTC manages to break through the 107 level again, we can expect a transition to more erratic behavior, reminiscent of the chaotic movement of “washing machines”, indicating a market dominated by rapid oscillations and algorithmic movements.
This type of dynamic is typical at important support and resistance levels, where the asset seeks liquidity to define its next direction. This is an expected behavior, in line with the volatile nature of BTC at critical moments.
Given the stress that these oscillations can generate, it is recommended to adopt a balanced and patient stance, as a focused trader, allowing the market to show its natural trend.