There may be two possible trends ahead:

1. In August, Bitcoin may directly surge past the previous high of 123, followed by altcoins taking off, and in September, interest rates may drop, leading to a weakening market. The expectations for interest rate cuts may be fully realized in August.

2. If Bitcoin does not break the previous high of 123 in August, when interest rates drop in September, it may break the previous high, and then the market will begin to turn.

Now we need to see how August plays out, so let's wait patiently.