According to the current BTC chip distribution analysis, if the price faces further adjustments, it will encounter several important support levels. The strongest support area is located in the range of 104000-105000, where the largest amount of chips has accumulated. It is worth noting that the current price is running within this range. If it can effectively break upward, there is still room for the market to rise; but if it breaks downward through this key support, Bitcoin may experience a prolonged adjustment period before The Federal Reserve (FED) determines the specific timing for interest rate cuts.

Regarding concerns that it may fall below 80,000 USD in the future, I personally believe that this possibility is extremely low and represents an overly pessimistic expectation.

Current mainstream opinion in the market suggests that there may be a significant adjustment between July and August, but there are differences in defining the extent of the adjustment. From a personal perspective, the lower limit of the adjustment may be in the range of 80,000 to 90,000 USD. As for those predicting price levels of 70,000 or even 60,000 USD, they lack sufficient data support and are not of reference value.