Recently, 10x Research published a report delving into the trends of the Bitcoin market. The report highlights that in historical data, Bitcoin's returns tend to be relatively flat in August, but there is often a degree of decline in the market as we enter September. However, a crucial factor emphasized in the report is the effect of macroeconomic factors such as changes in US interest rates, inflation rates, and the upcoming election schedule. These so-called 'tailwind' effects could counteract the pressure on the market due to the unlocking of billions of dollars worth of tokens, thereby creating a relatively stable environment for Bitcoin. Although the report predicts that Bitcoin has the potential to break new highs eventually, achieving this goal will require support from macroeconomic factors, particularly a possible rate cut by the Federal Reserve or a decline in inflation rates. For investors, it is particularly important to closely monitor the dynamics of Bitcoin when prices approach the upper end of their range. Key dates to pay attention to include the FOMC meeting on July 31 and the release of the US Consumer Price Index (CPI) report on August 14, both of which will significantly influence market trends and volatility. In summary, while the Bitcoin market faces uncertainty, investors can better capitalize on opportunities to increase asset value by paying attention to macroeconomic indicators and key market events.