#美国经济数据与货币政策 After analyzing recent U.S. economic data and monetary policy, it is found that Bitcoin may enter a consolidation period in August. Historical data shows that over the past decade, Bitcoin has only risen three times in August, with an average return rate close to zero. This seasonal trend is worth following, as it may affect short-term market movements. Although the long-term outlook remains bullish, considering upcoming U.S. corporate earnings reports, the White House digital asset report, and the Fed's interest rate decision, the market is expected to experience some fluctuations. It is recommended that investors closely monitor the impact of these events on the flow of funds and large investors' behavior, and adjust their strategies in a timely manner to respond to potential consolidation markets.