Recently, Bitcoin has started to consolidate after a pullback, with the price range stuck within a relatively stable range. This situation makes me a bit hesitant, as a consolidation period usually means that the market is waiting for the next direction. However, the current trading volume is not particularly large, and it feels like market sentiment is leaning towards being conservative.
Right now, I tend to wait and see, deciding whether to enter after a breakout from the consolidation range. Because if I enter now, I might get stuck in a choppy range, with limited profit potential. Of course, if there are clear signals of a rise later on, it won't be too late to chase. Rather than betting on those uncertainties, I think it's better to take it slow.