(11/30, Wed) btc returned to the sideways range in a day

Yesterday(11/29 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $16210, its lowest as $16094, its highest as $16543, its closing as $16436. Bitcoin bottomed out right after the start of Tuesday and then rebounded, reaching a peak at 08:45 and moving sideways before closing 1.4% up.

Looking at the 4hr chart, Bitcoin, which fell one more step in the sideways range the previous day, recovered and returned to the sideways range, but there does not seem to be any noteworthy reason. On the daily chart, an upward candlestick came out after 6 days, confirming $16k support, but it is still difficult to see it as an upward turn.

News came out that crypto investors who held the assets on FTX were able to recover only 25%, and it is truly terrible to suffer such damage just because they trusted and traded on the world's 2nd or 3rd largest crypto exchanges. Even in this situation, US SEC's doing nothing seems like waiting for the entire crypto world to collapse by itself.