According to TechFlow, on July 07, JackYi stated that Bitcoin is currently still in a downtrend on the weekly timeframe, and in the short term, attention should be paid to whether it can effectively break through $68,000. He believes that only if it strongly holds above $68,000 will a relatively obvious market reversal be possible; if the breakout fails, the price may test the bottom again, and caution is needed regarding the risk of falling below $47,000.
Additionally, he stated that he will focus on opportunities for positioning at low levels in the coming months and continue to screen potential projects with high elasticity in the new bull market. His screening criteria include: significant historical decline, strong team execution, sectors aligning with trends and fundamental demand, such as the AI sector, as well as sound financial status and profitability.
