It seems everyone is waiting for a big fluctuation to boost their spirits; even a significant price drop would be better than the current state of inactivity.

As for Bitcoin, it's hard to break below the 90,000 level because most holders are large players and institutions. If it breaks below 90,000, it will trigger panic selling, which is not beneficial for them. So, the market will continue to consolidate, and after the consolidation ends, Bitcoin will rise significantly again.