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From market data, Bitcoin has a significant concern: the total unrealized profit of Bitcoin has reached as high as $1.2 trillion!
This enormous river on the ground could breach its banks at any moment. As for when the breach will occur, it may only be after the price effectively falls below the first chip peak dam, which is at the position of 105,000.
The current fluctuation of Bitcoin may continue until July 15, when the US announces the June CPI data. If the CPI data is released and turns out to be negative, leading to a situation where the Federal Reserve has no chance of cutting interest rates by the end of July, then it is very likely to plummet!