Today's market manipulation may seem spontaneous; in fact, it has been planned for a long time.

First: We are very clear that liquidity is the core issue in the current market. However, the upcoming Federal Reserve interest rate decision directly relates to the trend of the market in the near future.

However, for July, it is highly likely that there will be no interest rate cut, so essentially the market already has this expectation.

Therefore, if the Federal Reserve ultimately decides not to cut interest rates, I believe the impact on the market will not be significant; rather, Powell's statements will be crucial!

Second, this surge may seem to catch many people off guard, but in my view, it is a trading technique that the main force has meticulously planned.

Regardless of the outcome of the interest rate decision, many retail investors are actually in a wait-and-see or empty position with Bitcoin around 104. If the main force sells off due to negative news, the clearing volume for long positions will not be sufficient, which is what is called a real sell-off at a high price, while a sell-off at a low price is a washout!

In other words, if the main force uses news to sell off in a downtrend, the high-priced Bitcoin is more suitable for distributing chips.

If the final result of the Federal Reserve's decision is positive, the main force will use the news to break upwards, preventing more retail investors from getting on board. This also aligns with their maximization of interests.

Therefore, I believe this wave of stretching has been planned for a long time, rather than being spontaneous!

Third, the current market's liquidity is insufficient to simultaneously push multiple assets to rise, so pushing up Bitcoin attracts more funds to enter; then, by selling off, it achieves the purpose of sucking blood from the small players.

With Bitcoin oscillating at a high level, it can continuously absorb nutrients. The main force has no need to pull the market too high or sell it too low.

So, in summary:

Regardless of how the market develops in the future; Bitcoin cannot reach 7.4 again; similarly, it will not quickly break through new heights.

At this moment, the best operation for Bitcoin is to continue oscillating at a high level, washing out and sucking blood, until the Federal Reserve starts cutting interest rates, then making one final violent surge before the main force sells off and exits.