Shenchao TechFlow News, July 07 – JackYi stated that Bitcoin's weekly level is still in a downtrend, and in the short term, attention should be paid to whether it can effectively break through $68k. He believes that only by firmly standing above $68k could the market see a relatively clear reversal; if the breakout fails, the price may test the bottom again, and one must be wary of the risk of falling below $47k.

Additionally, he said that in the coming months, the focus will be on opportunities to accumulate positions at low levels, and he will continue to screen potential projects with high elasticity for the next bull market. His screening criteria include: a relatively high historical decline, strong team execution, the sector aligning with trends and essential needs (such as the direction of artificial intelligence), as well as a solid financial condition and profitability.