On July 8th, the market continued its previous slow-paced oscillation, with relatively mild fluctuations in price.

As analyzed in detail in yesterday's video, for Bitcoin, the 105,000 point is a key reference line at this stage — if it can consistently maintain an oscillating state above this level, then the entire trend still aligns with our previous judgment of the "four-hour nested 30-minute central half-cycle" framework, which reflects the "wheel within a wheel" logic of the Kunpeng trading strategy. Under this structure, the trend rhythm of the larger cycle is nested with the fluctuations and adjustments of the smaller cycle, creating a mutually responsive operational state.

From the current market performance, the overall pattern has not undergone any substantial change and remains within a high-level oscillation range. This state is actually a typical "time for space" movement — the market has not completed the conversion of bullish and bearish forces and the exchange of chips through significant rises and falls, but has instead chosen to digest short-term divergences over time, waiting for market sentiment and capital flow to gradually achieve a new balance.

So, wait!