Bitcoin suffered a sharp drop last week, recovering after dipping over the weekend, but upward movement remains suppressed.
The tariff-induced plunge caused some market panic, but today's announcement that the probability of a 25 basis point rate cut by the Federal Reserve in September reached 89.1% has improved market sentiment, leading to a current market stalemate and awaiting further guidance.
Currently, Bitcoin remains capped at 115,000. Although Bitcoin saw a surge this morning, strong pressure remains at 3,600. With no breakout above or below, it's only appropriate to maintain a buy-high-sell-low strategy. $BTC