Although the price of BTC has once again broken through a new high today, there is still nothing to say about today's job. The dog like low liquidity and dog like low trading volume have been explained in many tweets. Currently, the stable rise in Bitcoin price is not due to too much purchasing power, but because the amount sold is too small. Most investors consider BTC as a long-term asset. From the net traffic data of BTC on the exchange in the past year, it can be seen that the amount of BTC that can be accumulated on the exchange in the past six months has been decreasing, and more withdrawal forces are being released. Of course, there has been a downward trend in the past week, but because there are too few investors preparing to sell, the stability of the price is still relatively high. That's also why it's difficult for investors to release their chips unless it's a systemic risk. There will be a lot of macro data next week, from Tuesday's CPI to Wednesday's PPI to Thursday's retail data, which may cause the market to fluctuate. Especially with the CPI data, the market's forecast is not very good, which may lower the expectation of a September interest rate cut. Of course, this is likely to be short-term, as there are still data from July and August ahead. Today's new high URPD still cannot be updated, let's talk about it tomorrow.