The BTC daily chart has confirmed a demand zone at 100,000. According to common patterns, the latest demand that appears is unlikely to be broken on the first test. Therefore, the closer the current price is to this demand zone, the more worthwhile it is to go long.

In the short term, we cannot determine whether the price will make a second test (I personally think there is still a chance);

Thus, the likelihood that the blue converging triangle drawn in the chart is valid is quite high;

This indicates that the market over the next week or two may still oscillate within this range, but this convergence will ultimately end with a breakout.

In other words, after July, we can consider shifting from a short-term mindset to a trend mindset.

Currently, due to the slow upward movement of the daily channel, the price's upward space has been opened, with a potential target reaching 112,700, which is just above the new high position;

At the same time, due to the daily chart confirming a break below the upper yellow line of the oscillation channel, this represents that the previous bullish trend on the daily chart has finally come to an end. The subsequent market will likely oscillate between the high range and a shift to a bearish trend;

In summary, if we choose to oscillate in the high range, then there is still a possibility for a brief new high of a few hundred dollars. If we choose to shift to a bearish trend, then the first target will be the midline of the daily channel: around 97,700;

Based on the recent macro data performance and market sentiment, I tend to favor a scenario of continuing to oscillate in the high range.