Sunday night Bitcoin, Ethereum thoughts:
The pie reached a high of around 69,600 in the evening and fell back under pressure. It fell to around 68,788 and began to rebound. The overall rhythm is still mainly in the form of shock consolidation. So far, the price has stayed around 69,000.
There is no obvious breakthrough in the structure. The short-term trend is still seesawing within the range. The short-term high pressure position is still valid, so in the short term it is still around the range. What needs to be paid attention to now is whether the high-level consolidation is possible to accumulate momentum. Pay attention to the break near 70,000 in the evening. In this case, if it cannot effectively break through and stabilize, it will continue to maintain range-bound fluctuations.
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