TechFlow news, July 14 — QCP released a report stating, "Bitcoin's upward momentum shows no signs of slowing, breaking through $122,000 with accelerating gains. The market appears to have underestimated the strength of this parabolic rise, driven by clear technical breakouts and sharply increasing institutional demand. The Crypto Fear & Greed Index has shifted notably, rising from 40 to 70 in just three weeks, transforming market sentiment from fear to greed.
We maintain a structurally bullish view on Bitcoin, supported by持续 institutional capital inflows and favorable macro factors. However, at current levels, we prefer to remain selective rather than blindly chasing the rally, opting instead to wait for pullbacks before establishing positions."
