The daily level continues to trade sideways, and there is no intention to choose a direction in the short term.

From a technical point of view, it is logical to choose a direction around the 20th. Therefore, everyone should be prepared that the market may continue to fluctuate sideways and the boring market will continue.

There is currently no good news in the market. The official has not said the specific time for the Ethereum Cancun upgrade. The Bitcoin spot ETF will not be approved in the short term. The general environment is not very good. The market has no favorable conditions for bringing new funds into the market for the time being. It is normal for the market to be unable to pull up.

Big pie evening reference: 29,340 yuan, defense 29,000 round number, target above 29,700.