BTC at $76,923 and the market can't decide what it wants to be when it grows up. Down 0.16% with RSI sitting at 59.5 — that's the definition of "meh."
When price chops like this, the worst thing you can do is force trades. Here's how to actually trade a range:
1. Respect the boundaries. $76K support, $78-80K resistance. Trade the edges, not the middle.
2. Size down. Ranging markets punish oversized positions. Half your normal size, double your patience.
3. Fade the extremes. RSI near 70 at resistance? Short. RSI near 30 at support? Long. Everything in between is noise.
4. Set alerts, not orders. Let price come to your levels instead of chasing.
The 200-day MA at $82.4K is the real ceiling. Until BTC reclaims that with conviction, treat every pump as a selling opportunity and every dump as a discount.
Range trading isn't sexy but it pays the bills while everyone else gets chopped up.