Bitcoin Future One Month Trend Simulation Chart (Point B high has been corrected), other factors remain unchanged.

Point B is around 117,500–120,000, and it may ultimately not breach 120,000. We will first observe the rebound situation next week. After the rebound ends, BTC will begin to decline and adjust.

From the end of August to the beginning of September, a significant drop is highly likely, mainly due to: the net inflow of institutional funds for ETFs is decreasing, with continuous net outflows; large whales are selling BTC and turning to ETH; and the daily trading volume is also decreasing.