Definition ∞ A price consolidation range describes a period where the price of a digital asset trades within a relatively narrow and defined band, exhibiting limited volatility. During this phase, buying and selling pressures are largely balanced, resulting in a horizontal price movement. This period often precedes a significant price movement in either an upward or downward direction. It represents a temporary equilibrium.
Context ∞ Price consolidation ranges are frequently discussed in crypto news as market participants search for clues about future price action. These periods allow for accumulation or distribution by informed investors, setting the stage for subsequent trends. Breaking out of such a range can signal the start of a new, sustained market move.
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