There are two buying opportunities in the near future:
First, there is the pullback buying opportunity brought by the pullback wave. I personally estimate that the pullback should not be lower than 6.3w. There has been an increase in trading volume here, and there has also been a 4-5 day sideways turnover. So there is a high probability that there will be support here. The second is to wait for BTC to break through 7.2w before buying, especially if it first pulls back and then breaks through, it will be a more ideal buying opportunity.
As for the price around 6.8w, it is not a good buying point to be stuck in the middle.
Since July 8, ETFs have continued to maintain net inflows, and the number of stablecoins has also begun to rise. These are relatively good phenomena. From the perspective of funding rates, the short-term bullish sentiment is slightly strong.
Therefore, it is still the above point of view that the price around 6.8w, from the trading level, is not a good time to go up and down. You can wait for a pullback of more than 5% within a week, or wait to buy or increase your position after breaking through 7.2w.
