Markets· ★★★· neutral·

K33: Bitcoin stuck in 28-day range as volatility nears August lows

  • —Bitcoin has held its September 21 range for 28 straight days
  • —Volatility is nearing mid-August lows, K33 Research says
  • —Spot and derivatives trading volumes have declined significantly
  • —Trader activity stays subdued amid cautious sentiment
Why it matters: Prolonged volatility compression has historically preceded sharp price moves, keeping traders focused on any shift in sentiment.
Source: Coinfomania