Yili Hua: BTC Resistance at $67,500, Continue Bottom Fishing in July-August

On July 27, Yili Hua, founder of Liquid Capital (formerly LD Capital), stated that the resistance level for BTC remains around $67,500, and only a strong breakout can initiate a sustained rebound. Regardless, he maintains his previous viewpoint of gradually bottom fishing in July and August while waiting for a new bull market cycle. Analyzing the market within a range and assessing bottom prices in a bottoming phase are not particularly meaningful. In our research report on AI US stocks, we analyzed the computing power company AGPU, which announced a new contract worth $1.5 billion last night, bringing its total contracts to over $3 billion, with expectations of completing $10 billion in total contracts this year. The key point is that AGPU's financing method is not through ATM equity, ensuring investor interests. These contracts will soon reflect in the upcoming financial reports.