Matrixport: BTC may see a phased cooling down

According to ChainCatcher, Matrixport's research report suggests that Bitcoin's price is approaching the upper boundary, and technical indicators show that 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 only slightly to 2.9%, below expectations, and the Federal Reserve may not directly cut rates in July but could release expectation management signals.