Under the combined influence of the holiday market and weekend factors, the overall volatility of the encryption market is limited, entering a phase of oscillation and consolidation. Bitcoin and Ethereum are still within the consolidation box after reaching high levels, with both bulls and bears engaging in intense competition within this range, leading to a strong wait-and-see sentiment among market participants. Meanwhile, some altcoins are struggling to hold their ground due to a lack of sufficient support, resulting in a certain degree of pullback, and the market structure shows a differentiated trend.