Founder of Capriole Investments: The Bitcoin consolidation period may last 1-6 months

ChainCatcher news, Charles Edwards, founder of the cryptocurrency hedge fund Capriole Investment, stated on X that Bitcoin is in a "boringly dead" phase, and this consolidation period may last from one to six months, during which Bitcoin will fluctuate within a low volatility range until market participants lose patience. Before the consolidation ends, market sentiment will be at its most negative.
Charles Edwards said: "When you are sufficiently bored with the sideways movement, common symptoms include believing that the halving has already been priced in, the bull market is over, and selling stocks at the bottom. Your symptoms and the bears will peak before a big surge."