Wu said that he learned that QCP Capital issued a statement saying that BTC rebounded from the $60,000 area to $63,700 at the beginning of the second half of the year and briefly fell below the $60,000 support level last week. BTC spot ETF had a net inflow of $73 million last Friday, the highest single-day inflow in two weeks. According to seasonal data, BTC had a median return of 9.6% in July, especially after a strong rebound after a negative return in June (-9.85%). QCP Capital's options trading department also observed capital flows last Friday in preparation for a month-end rally, possibly in anticipation of the launch of the ETH spot ETF. All signs indicate that July will be a bullish month.