Matrixport: The rise of Bitcoin in July was already predictable, and the current upward trend is driven by multiple macro factors.

[Matrixport: Bitcoin's rise in July has been predictable, with multiple macro factors driving the current upward trend] Matrixport released its daily chart analysis stating, "At the beginning of July, we pointed out that Bitcoin is expected to reach $117,244 due to seasonal factors. Although the market has a cautious outlook for the summer trend, the data has shown signs of a breakout early on, ultimately driving the price to refresh its historical high. Looking back at history, Bitcoin has risen in July 7 out of the last 10 years, with an average increase of 9.1%. The current rising trend is driven by multiple macro factors: the continuous strength of the US stock market boosts market confidence, Trump continues to pressure the Federal Reserve, and the approval of the bill to raise the fiscal deficit ceiling, referred to as "Big Beautiful Bil!", has intensified market expectations for liquidity release. As for whether there is further upward space in the market, we will continue to follow up in subsequent reports. From the current market performance, it is gradually confirming our previous predictions.