Hence $48K always being a key price level for me.
$48k for you, and $42k for me, and surely for me $45k or sub $45k would start to get my attention more, merely because at that point, we would be getting close to my area of interest... so still seems like nothing to write home about, even though it would feel better for me to be higher in the $42k to $62k range rather than lower... right in the middle would be nice.. but bitcoin does not tend to want to do nice..

So we
(royal that is) need to try to roll with the punches, whatever those might be.
Needless to say, it requires confirmation by a breakout above the current resistance level around $51K. Looks similar though.

The Wyckoff accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions.
Not a bad idea that we might have a wee bit of some stuckness in our current price arena.. and surely there might be some desires to try to get the BTC price to go down more, but realization that there might be some difficulties getting the price to go down lower.. so if you cannot get the price to go down lower, then you might engage in some accumulation while rethinking the matter..... so if you are wanting to focus on a smaller range of largely where we have been in the past 28 days-ish of mostly $46k to $52k, then sure there might be a question of whether we are going to be breaking up or down from there.. and for sure we are even in the lower end of that range in the past 3 days-ish....
more crying...

Of course for me, if we were to be trying to calling odds for a break out then the smaller range $46k to $48k is most immediate then the $46k to $52k becomes a bit broader but still remains decently immediate.. so yeah, should these little mini-battles be all noise? and can we get back into the middle of the broader $42k to $62k range in order to be able to relax a wee bit more?
For sure, I can see how this current range can become quite depressing for some folks, and surely could motivate the shaking of a few more weak hands.. and if enough week hands are shaken with some further hard pushes towards testing support, the bears might be able squeak out some additional victories.. whether it is in the cards, I am not sure, and surely since I consider the overall framework to be in a bull market, I am going to continue to assign any odds of breaking out for any of the ranges to the upside.. even if they might be slight and there is a certain amount of testing of the resolve for any of us when we continue to have movement within a price arena that continues to be so low on the various broader ranges and if we do end up getting serious testing of $42k-ish..... absent some kind of another quick wick.. I might have to re-jigger some of my own fleshing out of DOWNity thoughts....