The weekend volatility should not be large, and it has been in a range-bound consolidation for more than ten days.

In a bull market, this kind of consolidation should ideally not exceed 20 days, with a maximum limit of one month, and it is necessary to quickly resume the upward trend.

For this wave, it is estimated that starting to rise again before December 15 is quite reasonable.

If it does not start to rise after December 15, it could be a bit dangerous, as the relative high-level consolidation exceeding one month, along with the current clear distribution of ltr on-chain, suggests the possibility of forming a top (though the likelihood of this is still relatively low).

In 2021, the top in 2023 formed a high-level consolidation within a relatively large range, followed by a break below the trendline, marking the end of the bull market. #市场回暖新机遇 #BSC生态活力释放 #山寨币走势展望 #币安BNSOL质押PYTH #比特币打破感恩节魔咒