Matrixport: Technical indicators show that Bitcoin may enter a consolidation period in the next 1-2 months

Planet News: Matrixport released a research report stating that Bitcoin price is approaching the upper boundary, and technical indicators suggest the market may enter a consolidation period in the next 1-2 months. The RSI has broken through 70 and entered the overbought zone, with multiple reversal signals showing signs of pullback. The report recommends moderately locking in profits and points out that the $106,000-$108,000 range is a key support level, with $122,000 as the next reasonable target. The US core CPI rose slightly to 2.9%, lower than expected, and the Federal Reserve may not directly cut rates in July but could release expectation management signals.