The market situation for Bitcoin (大饼) is complex and ever-changing! On one side, there are the Federal Reserve's hawkish stance, insufficient summer liquidity, and turmoil in the Middle East putting pressure; on the other side, continuous corporate buying brings hope for its long-term prospects.

Just like the medical device company Semler Scientific, which announced on Thursday that it plans to increase its Bitcoin holdings from 4,449 to 100,500 by 2027, raising funds through convertible bonds and on-market offerings. Analysts see this as a significant signal of structural demand.

However, some analysts warn of systemic risks similar to those in 2021. Nevertheless, other analysts believe that crypto vaults are now more stable, as companies avoid high-leverage collateral and there is no excessive premium. Today, the price of Bitcoin (大饼) remains stable, hovering around $106,000, and the direction of this market truly makes one curious about future developments.