As for today bitcoin is in a correction again and the price is currently around $66k from a $69k increase, I see a correction touching $65k and below for the next few days as it has happened before. Slowly there may be a time when we see the price break above and we are almost in the condition towards the next ATH but we need to see how bitcoin is doing at the end of the year. Hopefully there will be the best momentum at the end of this year before bitcoin hits its next ATH.
That is why it is important to check the mempool when you want to make a transaction because sometimes the level of transaction traffic can result in such large fees that small transactions made will be very disproportionate.
Seriously we have been in a ranging trend since the all time high was achieved, with the way the economic situation of the world is I don’t think we will likely see any huge pump or even dump at this time because the holders are currently looking at next year for the bull run and are strongly holding while the buyers are just doing little DCA to accumulate, I think a economic recovery news like the one we say with rates lower or any hype news will be the beginning of an impulsive movement.
Yes it is always best to check the bitcoin memepool explorers to get an insight but seriously since the die down of ordinals and inscription like hypes the network has very less congested.