$BTC $ETH The market has entered a consolidation period for two consecutive days, and the volatility has gradually decreased. The overall trend still maintains our previous analysis.

It is particularly important to note that the current market is facing the expectation of a weekly M top, and the evolution of long-term trends often gradually emerges in units of weeks.

From a medium-term perspective, the market may bottom out again, but at present we can only wait for the market to stop the signal and the price to stabilize. Although the price fell below 61,800 points again, from a technical perspective, 61,800 points has been effectively broken through, and the possibility of a medium-term market account is relatively high.

In the short term, the market has formed an M top and completed the downward cycle yesterday. It seems to be consolidating near the minimum target price of the M top. It is expected that the market will continue to fluctuate during the day. Short-term straight can continue to pay attention to the emergence of structural opportunities. In the current environment, we continue to use low-duo conservative operations.

Big cake: Duo near 60,800, see 61,800

Aunt: Duo near 3,350, see 3,400