On July 8, the market continued its previous slow-paced fluctuation trend, with relatively mild price fluctuations.

As analyzed in detail in yesterday's video, for Bitcoin, the level of 105,000 is a key reference line at the current stage—if it can maintain a fluctuating state above this position, then the entire trend still aligns with our previous judgment of the "four-hour nested 30-minute central halving trend" framework, which is the "wheel within a wheel" logic of the Kunpeng trading method. In this structure, the trend rhythm of the larger cycle is nested with the fluctuation adjustments of the smaller cycle, creating a mutually responsive operational state.

From the current real-time performance of the market, the overall pattern has not undergone substantial changes and remains within a high-level fluctuation range. This state is actually a typical "time for space" trend — the market has not completed the conversion of bullish and bearish forces and the exchange of chips through significant price increases or decreases, but has chosen to digest short-term divergences over time, waiting for market sentiment and capital flow to gradually achieve a new balance.

So, wait!