At the end of the month, be careful not to fill your position. The monthly line level in August may retrace to 114000-115000, which theoretically requires such a retracement to reach a new high. However, the overall trend is upward, and some KOLs say that it will drop to 100000 or even lower, which is almost impossible. It should be noted that the position of 110500 has been crossed seven times before breaking through and stabilizing, so it is good to hold onto it in the medium and long term! BTC