Nearby pancake at 118000, reached the first destination at 116800, 1000 pancake interval.

In the face of pressure from Trump's tariffs and tightening geopolitical situations, market sentiment is becoming cautious. Investors have turned their attention to the upcoming release of the U.S. June CPI data and a series of bank earnings reports on Tuesday. On Monday, U.S. stocks continued to fluctuate with lower volumes, with major indices slightly rising, while the yield on the 10-year Treasury bond climbed to a nearly one-month high, entering a typical 'wait-and-see period before data release.'

Against this backdrop, Bitcoin surged past $123,000 during intraday trading, setting a new historical record, indicating that on-chain funds have proactively adjusted their asset allocation in response to inflation and sanction expectations.

However, ordinary investors should be cautious that even though Bitcoin continues to hit new highs and mainstream cryptocurrencies are generally on the rise, the underlying risk signals should not be overlooked. It is particularly important to be vigilant as liquidation data and other on-chain indicators often signal trend reversals and are noteworthy 'sentinel' signals.

$BTC #比特币巨鲸动向 #CPI数据来袭