BTC 4-hour level enters a consolidation mode, with the upper limit around 121,000 and the lower limit around 115,000. It is estimated that adjustments will continue within this range. After entering August, the market began to speculate on the expectation of interest rate cuts in September, which will likely lead to further rises. By the end of September, it is estimated that the price of Bitcoin could reach around 150,000.

At the altcoin level, there are currently two approaches: the first is on-chain PVP, and the second is CEX trading of high-quality leaders. Currently, within CEX, the focus is on DEFI-related and low market cap new coins, which have been experiencing frenzied FOMO from the market these past few days.