#加密市场盘整

Cryptocurrency market consolidation refers to a period during which the price of cryptocurrencies experiences reduced volatility and enters a relatively stable state.

During the consolidation period, the forces of buyers and sellers are relatively balanced. From a technical analysis perspective, prices usually fluctuate within a certain range, such as Bitcoin's price potentially oscillating repeatedly within a specific price range, like between $25,000 and $30,000. This may be due to various factors; on one hand, market participants have not reached a new consensus on its value, with both bulls and bears waiting for new news to break the balance, such as new regulatory policies, major financial institutions' new initiatives regarding cryptocurrencies, or significant technological changes. On the other hand, after substantial previous increases or decreases, the market also needs time to digest these changes.