Bitcoin (BTC<\/a>) traded near $66,749 at press time, while market activity stayed muted across major digital assets.\u00a0<\/strong><\/p>\n \n Summary<\/span>\n <\/p>\n <\/p>\n The asset was down slightly in the past 24 hours, while seven-day gains stood at 0.81%. Daily trading volume reached $19.67 billion.<\/p>\n That price action came during a period of weak movement in the market. Analysts tracked a narrow range in Bitcoin<\/a> and pointed to low activity across the wider crypto sector. Altcoins also showed soft volume and thinner liquidity during the same period.<\/p>\n <\/p>\n Crypto analyst Micha\u00ebl van de Poppe said<\/a> volatility on Bitcoin\u2019s four-hour chart had dropped to its lowest level since the broader breakdown. He said the market was nearing the end of a volatility squeeze that usually does not last much longer under similar conditions.<\/p>\n Van de Poppe also said altcoins showed the same pattern, with low volatility, low volume, and low liquidity. Despite the geopolitical backdrop, he wrote that he would not expect a much deeper move lower and instead saw a possible liquidity sweep followed by a quick recovery, \u201cmost likely during next week already.\u201d<\/p>\n Crypto market commentator EGRAG CRYPTO pointed<\/a> to longer-term chart structure. He said past Bitcoin cycle bottoms repeatedly reached the 1.618 Fibonacci level before the market formed a base.<\/p>\n He described that level as an area where fear often peaks and accumulation starts. The post framed that view as a structure-based reading rather than a reaction to short-term headlines. The account also urged traders to focus on charts and numbers instead of outside narratives.<\/p>\n At the same time, traders watched new posts from The Kobeissi Letter about comments attributed to Donald Trump on Iran and the Strait of Hormuz.\u00a0<\/p>\n\n
Analysts track a possible end to the squeeze<\/strong><\/h2>\n
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