BlockBeats News, July 24th - The whale "Setting 10 Big Goals First" stated in a post that after closing out its short positions, it quickly rebuilt long positions because its long-term bullish view on Bitcoin remained unchanged. The whale believes that the key resistance level of the last bull market was around $60,000, and the current mainstream Bitcoin mining cost is concentrated between $50,000 and $60,000; after Bitcoin tested $58,000 last month and quickly rebounded, it further validated the area's support.

Over the past month, Bitcoin has been trading actively between $58,000 and $63,000, experiencing a pullback before regaining stability near $66,000. Without systemic risks or significant fundamental changes, the risk-reward ratio for shorting at the current level is not favorable. The market may see a surge in trading volume, breaking through $72,000; if the market structure remains unchanged, Bitcoin is likely to retest $100,000 around March next year.

Currently, the U.S. stock market, especially the artificial intelligence sector, is relatively overvalued, indicating a potential increase in volatility. The correlation between Bitcoin and the U.S. stock market has significantly decreased from previous cycles, with Bitcoin gradually moving towards an independent trend. The whale has set a stop-loss range for its current position. If the market falls back to $61,500 to $64,000 and the trend proves to be misjudged, it will close the position immediately to control losses. The whale emphasized: "Opinions can change, but discipline cannot."

Furthermore, the latest public data shows that the whale "Setting 10 Big Goals First" has made its Binance futures account "Jason leo133" position private.