Based on historical monthly cycles, we have summarized a pattern: Red June, Green July, Red August.

Reviewing BTC's monthly candlestick trends over the years, it can be observed that in July, the price initially drops, briefly breaking below the opening price for the month, with a bear trap and washout move occurring mid-cycle.

However, as funds gradually return within the month, the price recovers by month-end, closing above the opening level, ultimately forming a standard green bullish monthly candlestick.

But this July rebound should only be viewed as a temporary recovery; do not be overly bullish. According to the cyclical pattern, the August correction will directly erase all of July's gains, fully retracing the previous rebound profits.