According to online reports, Matrixport released a daily icon analysis saying,"We pointed out in early July that Bitcoin is expected to reach US$117,244 thanks to seasonal factors. Although the market is cautious about the summer trend, judging from the data trend, signs of breakthrough have actually appeared long ago, and eventually pushed prices to a record high. Looking back at history, Bitcoin closed up seven times in July in the past 10 years, with an average increase of 9.1%. The current upward trend is driven by multiple macro factors: the continued strength of U.S. stocks has driven market confidence, Trump's continued pressure on the Federal Reserve, and the so-called "Big Beautiful Bil!" The approval of the bill to increase the fiscal deficit cap has intensified market expectations for the release of liquidity. As for whether there is room for further upside in the market, we will continue to follow up in follow-up reports. Judging from the current market performance, it is gradually confirming our previous predictions."