Since the rise in the weekly level from 74,000 on April 7, it has lasted for 3 months. Has it finished? Not yet. To confirm, it needs to break below 105,000 and 96,000 at significant points. The price has been fluctuating between 100,000 and 110,000 for a long time, and only major negative news can break below 100,000 and lead to a downward adjustment; perhaps only an interest rate hike from Japan can meet this condition. Currently, the probability of the Federal Reserve keeping the interest rate unchanged on July 31 is 93.6%, and the probability of a 25 basis point cut on September 18 is 63.6%. If a rate cut starts in September, it generally triggers a market movement in advance, and there may be a pullback before that. There haven't been significant adjustments in July, but caution is needed in early August for the Japanese interest rate hike.

In the short term, BTC touched 110,500 and encountered resistance before falling back; the price will likely have some adjustments, possibly related to the new policies to be announced after the end of the reciprocal tariff window on July 9, with the market currently leaning towards observation.

For BTC's lower long positions, aim to gradually enter at 105,050-102,855.

For ETH's lower long positions, aim to gradually enter at 2,440-2,312.

For SOL's lower long positions, aim to gradually enter at 141.65-130.65.