According to online reports, analysis pointed out that Bitcoin has rebounded by 10% since June 5, but the probability of breaking through a new high before July is only 16%. On-chain data shows that open interest contracts continue to decrease, there are obvious signs of liquidation drying up, and the market is "clearing up and chasing high bulls." If it breaks through the US$108,000 resistance level, BTC is expected to enter the price discovery stage. Analysts believe that the Federal Reserve's stabilization of interest rates and the return of MVRV to the average may be good signals.