Following the mass sale of Bitcoin by German addresses at the end of June, market attention shifted to the impending Mt.Gox payout event in early July. During this period, the Trump assault incident and subsequent decision to choose Bitcoin holder JD Vance as a vice-presidential candidate led to a dramatic shift in market narrative. Trump's chances of winning surged to 70%, closely tied to Bitcoin prices. However, Joe Biden's announcement on July 21 that he would not run for president in 2025 put an end to this trend. Subsequently, discussions around Bitcoin's strategic reserves drew attention, causing Bitcoin to break through the $70,000 barrier once again. There was anticipation for a potentially important speech by Donald Trump at the Nashville Bitcoin conference. Unfortunately, the speech did not meet expectations. The US government's announcement of transferring $2 billion in Bitcoin ultimately halted the upward trend. Currently, the trading range of $60,000 to $70,000 remains stable, but experts predict that a major change within this range is imminent.