The crypto market is trading within a range for two months, with bitcoin BTC trading at $69,000 and ether at $2,130. Analysts suggest this pattern may repeat, which occurred between November and January before a price breakdown. Much depends on the conflict in Iran, with President Donald Trump's threats of "obliteration" falling unheeded. The market continues to consolidate as bitcoin open interest (OI) stabilizes at $16.7 billion, indicating that speculative activity remains flat. Funding rates have moved into a neutral 0%-6% following a period of negative funding. Despite this, the altcoin market has been surprisingly buoyant recently, with notable gains for privacy tokens and other market segments.