The crypto market is probably waiting for the volatility following Strategy's removal from the MSCI index on the 11th. There's a high probability that this removal will trigger significant selling pressure. Of course, there's a small chance it won't be removed, but Strategy itself has stated in its earnings report that it expects its stock to be removed, so the risk is high, not just market rumors. Bitcoin is currently at an extremely favorable price and position for long positions, but it lacks short-term price drivers. This stagnation will likely break after the 11th.