According to a recent report by Bitfinex Alpha, as reported by Odaily Planet Daily, Bitcoin prices have remained within a narrow range of $106,000 to $116,000 for the past two weeks. Although there was a brief rebound to $116,500 last week, the market remains hampered by short-term resistance levels, with long-term holders continuing to sell and institutional demand remaining weak. Implied volatility in the options market continues to narrow, and investor positions have shifted to neutral, highlighting the widespread lack of directional market judgment following the October 10th liquidation event. The mixed macroeconomic signals from the latest Federal Reserve meeting have exacerbated caution in risk markets, suppressing both speculative activity and price movements.
