Deep Tide TechFlow News, on August 11, QCP Capital pointed out on social media that BTC broke through $122,000, and ETH rose over 21% in seven days to $4,300. Market focus is shifting to Tuesday's U.S. CPI data.

If inflation slows down, it will solidify expectations for a Fed rate cut in September, which may propel BTC to new highs. Although the upward momentum is strong, traders are actively hedging against downside risks, and volatility is rising. Whether BTC can further break through will depend on the continued inflow of institutional funds and spot ETFs.