Perhaps we are witnessing the maturation of a market. Its far too early to declare this the new normal but the persistent range over the last few weeks may be hinting at a structural shift. Time will tell, he wrote.
I've read that the EU markets have a bad day. Let's see how "stable" and "mature" the crypto market is.
For now the drop is only some 0.3% but US is not fully awake yet.
I'd be interested to see this period compared to the seemingly endless $250 phase in early 2015. It would be very sweet if there was a direct correlation but that feels too easy.
I was not so aware of the market back then as now, but I feel it's soooo similar... I somehow have the feeling that the things/stages move faster nowadays than back then, but maybe it's only me.