Technical analysis by Thecantillonreport about Symbol BTC on 1/3/2026

$89,974 | Perfect example of range-bound trading This chart shows what happens after a major rally. The Setup: BTC rallied from $60K to $108K in Q4 2025 (+80% in 3 months). Then it pulled back and has been consolidating between $84K-$94K for 2 months. This is textbook post-rally behavior. Reading The Volume Profile: The horizontal bars on the left show where volume traded. 🟨 Yellow bars = Heavy volume (POC at $87K-$90K) 🟦 Blue bars = Light volume (quick moves through these zones) The POC is where institutions are most committed. This becomes the "fair value" line. Right now we're sitting right at fair value ($89,974). Range Trading 101: In consolidation, you have three options: 1. **Trade the range:** - Buy support at $84K-$86K - Sell resistance at $93K-$95K - Scalp the oscillations 2. **Wait for breakout:** - Buy above $95K (bullish confirmation) - Short below $84K (bearish confirmation) - Only trade confirmed breaks 3. **Stay flat:** - No edge in the middle - Wait for better setup - Preserve capital Option 3 is underrated. The Lesson: Not every market condition is tradeable. Trending markets = Trade the trend Ranging markets = Trade the edges or wait Choppy markets = Stay out BTC is in a range. That means either trade the edges with discipline or wait for the break. Don't force trades in the middle just because you're bored. --- What's your range trading strategy? 👇 #Bitcoin #TradingEducation #RangeTrading