$BTC 6.30 Bitcoin Market Analysis: Bitcoin is currently oscillating around 60300, and the upward structure that started from 65000 has not yet ended. The overall larger structure shows a wide-range consolidation, with the five-wave decline nearing its end, currently in the C wave rebound phase. On the smaller time frame, there are two possibilities: one is a shallow retracement in the C2 wave followed by continued upward movement, and the other is a deeper retracement in a b-wave ABC structure. The key support lies in the rising trend line starting from 65000. As long as this trend line is not broken, the upward structure will not be invalidated.

Ethereum's overall structure is similar to Bitcoin's, currently in a b-wave adjustment. From a smaller time frame perspective, starting from 2200, there are two paths: one is that the b-wave has ended and the c-wave upward movement is about to commence; the other is that the b-wave is not yet complete and further retracement is needed. However, regardless of the path, the overall direction remains bullish, with the only difference being whether the retracement depth is deeper or shallower. The key again lies in the rising trend line starting from 1900.