BTC Enters Low-Volatility Compression Zone as Funds Flock to Support
The Bitcoin (BTC) market is experiencing high volatility and extreme volume compression, making it challenging to predict short-term movements.
Last week's weekly K-line showed a clear upper shadow, but the actual bullish candle remained dominant, contributing to the upward trend in the weekly structure.
Funds are quickly stepping in when prices approach significant support levels, with no signs of panic selling, indicating that the trend remains intact.
The Fear & Greed Index is around 74, placing the market in a greedy zone, where bulls are in control but risk-reward ratios for chasing higher prices are declining.
Both BTC and Ethereum (ETH) have entered a low-volatility compression phase, making it difficult to form sustained trends on shorter timeframes.