If Bitcoin stands firm at 106250, the trend is up, we cannot be bearish, we should watch whether Bitcoin can build momentum to break through the previous high of 112.

With the listing of CIRCLE and the subsequent passing of the stablecoin legislation, the overall direction is still upward.

The strategic intentions of the United States are quite clear, and China is actually not opposed; the statements from CITIC Securities have already indicated the issue, and we just need the Bank of China to make a statement.

On June 18th, at the Shanghai Lujiazui Forum, let's see if the forum brings good news related to the cryptocurrency space.

Currently, we cannot be bearish, nor can we short; I am waiting for an opportunity to buy the dip.