Matrixport: Bitcoin may experience a temporary cooling off

According to a report by Golden Finance, Matrixport has released a research report stating that the price of Bitcoin is approaching its upward boundary, and technical indicators suggest that the market may enter a consolidation period in the next 1-2 months. RSI has broken through 70 and entered the overbought area, with multiple reversal signals showing signs of decline. The report suggests moderately locking in returns and points out that the range of $106000 to $108000 is the key support level, with $122000 as the next reasonable target level. The US core CPI only rose slightly to 2.9%, lower than expected, and the Federal Reserve may not directly cut interest rates in July but may release expected management signals.