In the cryptocurrency world, sideways trading refers to a period in which the price of a cryptocurrency or digital asset does not follow a defined upward (bullish) or downward (bearish) trend. During this period, the price moves within a relatively narrow range, with small upward or downward movements. This behavior is also known as sideways movement or consolidation.
Laterality characteristics:
1. Stable price range: The asset oscillates between a support (minimum price) and resistance (maximum price) level, without consistently breaking either.