Bitcoin’s volatility has decreased this week, potentially forming an inside-bar pattern on the weekly chart. While the bulls are struggling to clear the overhead hurdle in the $30,000 to $31,000 zone, they have not surrendered to the bears. Cryptocurrencies and the S&P 500 Index have been oscillating within ranges, suggesting markets are awaiting a trigger for the next move. Short-term price action is uncertain, but many analysts are bullish for the long term. Some cryptocurrencies show pockets of strength with charts indicating potential short-term upward trends. This includes Bitcoin, Ether, Monero, OKB, and Rocket Pool. However, none of these analyses should be considered investment recommendations as every investment carries risk and readers should conduct their own research.