After full adjustments in June and July, Bitcoin is preparing to break through 72,000 or set a new high. As time goes by, the closer the US dollar rate cut is, the better it is for Bitcoin. In the accumulation stage before setting a new high, the lowest adjustment level of Bitcoin should be above 63456. In other words, Bitcoin will be in the range of 7.1--6.4 for a period of time, and the lowest adjustment level will be about 64,000. Before Bitcoin stands at 72,000 or sets a new high, the callback above 64,000 is an opportunity to enter the market. $BTC

Regarding ETFs, on July 12, the US spot Bitcoin ETF had a net inflow of $312 million, of which GBTC had a net inflow of $23 million, IBIT had a net inflow of $120 million, and FBTC had a net inflow of $115 million. US ETFs have had net inflows for six consecutive trading days. Judging from the trend, the amount of inflows increased significantly after the release of CPI data.

At present, it has rebounded slightly as expected. We need to observe whether it can stand on a strong and weak watershed in the short and medium term. It is currently around 62. If it stands effectively, it is expected to rebound to 64~65 at a larger level. ​​​$BTC

The market fluctuated horizontally in a range, and it will take time to become relatively weak. It is estimated that it will take until Sunday or Monday to officially reverse the mid-term downward trend. Ether and sol are moving relatively strongly, affected by ETF news, but the rebound of ether has been suppressed by the trend line. The upper 3500~3550 is a resistance area. It is generally impossible to take the initiative to estimate upward, and the required strength will be very Big, it is better to wait for time to resolve. The same is true for Sol. The stretch affected by the news has now reached the cycle resistance level. It will still take some time to get out of the break if it wants to further reverse the trend. Personally, I think waiting until Sunday or Monday will give you a good mid-term entry opportunity. $BTC $ETH $SOL

It has started to stabilize and enter a rebound mode, but it is actually a short-term mode at present, and there is no high-certainty pattern opportunity. Although Bitcoin is currently in a medium-term weakness, this wave of relatively smooth decline may flatten or rebound at any time, while Ethereum is not good in the short term, but it is still above the key price in the medium term and there is news about ETFs that may support it at any time, so there are too many uncertainties. $BTC

The market is stuck at 66, the mid- to long-term watershed of long and short strength. In addition, given that the decline from 72 is not small, it is difficult to move down smoothly here, and some shocks are needed. The current long and short forces or strength factors are relatively balanced. The direction is unclear, and the market can be given more time to become clear. I personally tend to think that 65 is likely to be the bottom of this mid-term adjustment, and then it will officially end after consolidation and test at least 68 upwards. After a mid-term rebound wave, we can judge the direction. $BTC

There was an attempt to rebound yesterday, but it failed. The decline in the early morning of June 8th was very hurtful and a big blow to the bulls. At the same time, the historical high near 70,000 is relatively sensitive. Unless there is a strong rise, there will be large fluctuations and repetitions. ​​​Today, the medium- and long-term bull-bear watershed has been reached. Under normal circumstances, it should stabilize and rebound. ​​​$BTC

It is still weak in the short term and is still at a relatively high position. At the same time, the pulling momentum is insufficient. Even if it moves upward in the medium term, it will be full of twists and turns and fluctuations. We still need to wait patiently for high-certainty opportunities and not worry about missing out.

The short-term adjustment of Bitcoin has ended and it has begun to expand upward. It is expected that it will continue to fluctuate and rise in the next few days. Long positions are held. After the situation is sorted out tomorrow, the stop loss can be moved up to the break-even price. In theory, if the short-term expansion is too fast, the profit can be taken around 71,000. Close to 71,000, I personally choose to take profits and wait for the consolidation to fall back before considering entering the market. The overall judgment is still $BTC