📈 Optimistic signals:



· ETFs have seen large inflows for two consecutive days, institutional funds are starting to return
· QCP notes that July's historical average gain is about 7.5%, seasonally bullish; significant demand for $70,000 call options
· Bernstein reiterates year-end target price of $150,000
· On-chain seller pressure has significantly eased, market enters equilibrium phase

📉 Cautious signals:

· Currently still characterized as a technical bounce of oversold recovery + short covering, not a trend reversal
· Volume continues to shrink, rebound lacks support from fresh capital
· Strategy's remaining $1.25 billion selling quota constitutes ongoing supply pressure
· Weekly level still in downtrend, needs to hold above $68,000 with volume to confirm reversal$BTC $ETH ‌$BTC ‌
ETH-1.75%
BTC-1.01%
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