Good morning, on the first day of June, here’s a market summary: the overall market hasn't collapsed, but it's also not the time when the sentiment is fully ignited.

BTC is currently around $73,792, moving sideways over the past 24 hours; ETH is at $2,013, BNB at $710, SOL at $82.8, overall just oscillating at high levels. According to CoinGecko data, the total market capitalization remains above $2.59 trillion, with volume present, but it's clearly not the kind of environment where you can blindly chase.

My personal feeling is that the short-term trend is still a sideways market. Don’t doubt whether the bull is still here just because it didn’t rise for a day, and don’t get overly bullish and go all-in just because of a few surges. This position is more like waiting for a new catalyst—who can ignite the sentiment first will have a better chance to gain the next pricing advantage.