According to online reports, Matrixport released a daily icon analysis saying that in the past 18 months, changes in global liquidity have repeatedly reflected the trend of Bitcoin in advance, and are regarded by many investors as important "leading indicators". However, with the evolution of the market structure, The predictive effectiveness of this model is weakening and requires continuous verification and dynamic adjustment. The current bitcoin price remains volatile between US$105,000 and US$110,000, which is basically consistent with the 13-week lag rhythm suggested by the model. If this correlation continues to be valid, Bitcoin needs to hold the current support range in order to maintain rising expectations. If the trend is further confirmed, the price of Bitcoin may climb to $140,000 by the end of this year. The market still has differences on the stability of this model, but before it is falsified, it still has certain reference value as a tool to observe changes in market sentiment and trends.