Bitcoin and Ether Trade in Tighter Rolling Ranges, Returns Stay Negative
- —BTC last traded at $83,383 and ETH at $2,505 as of 07:49 UTC on Coinbase
- —BTC range narrowed to 1.45% from 3.88% the previous day
- —ETH range narrowed to 1.96% from 6.33% the previous day
- —Rolling returns remained negative: -0.45% for BTC and -0.83% for ETH
Why it matters: A tighter range without price gains does not confirm a recovery, leaving the market under selling pressure.
Source: Bitcoin Insider