Bitcoin Market Brief:

1) The bearish momentum on the four-hour level is weakening, while the bullish side is slightly stronger;

2) Yesterday, ETF institutions still had a net inflow of 35 million USD, consistently showing strong net inflows;

3) The limit sell orders on the order book have decreased.

Summary: On July 15, I had already outlined the expected price movements of BTC for the following days, and the price has been oscillating as expected within the 0.618-0.786 range of the Fibonacci ascending channel.