I keep seeing people treat BTC moving sideways as a sign of stability. But not all consolidation is bullish. Sometimes, sideways action isn’t support being built — it’s structure forming after damage.
Right now, $BTC is chopping inside a wide range, roughly $57K–$87K. From my perspective, this doesn’t look like a clean base for a breakout. It looks more like the market digesting the previous move before deciding what comes next.
We’ve seen this before in past cycles. Long, boring ranges that feel “safe” often resolve down, not up — especially when price is still below key long-term trend levels. In that context, former consolidation zones act more like reference points, not real support.
That’s why I’m cautious about upside moves inside this range. Rallies here feel more like liquidity events than trend confirmation. Bounces don’t automatically mean reversal — sometimes they just reset positioning.
Yes, some traders are accumulating near the lower end of the range. But there’s a big difference between local bottoms and a true macro low. For now, expectations for a final bottom still sit below current price, not right where we’re trading today.
Sideways doesn’t always mean safe.
Sometimes, it just means the market is waiting.