According to Foresight News, Matrixport released today's chart analysis stating that "Bitcoin has broken through the short-term downward trend, sending a bullish breakout signal from the triangular consolidation range, which is usually related to the continuation of the trend. Although we initially expected the summer market to be relatively calm, the strong momentum of this rise indicates that new funds are chasing this round of rise, while tariff concerns are gradually fading. Even though the Consumer Price Index (CPI) is expected to bring some upward pressure this week, this is unlikely to hinder the current upward trend. The market is also lowering its expectations for a rate cut this year, currently only expecting one rate cut, as the US economy has shown stronger resilience than expected. As long as Bitcoin remains above $105075, the bullish trend will continue to stabilize
