According to Deep Tide TechFlow news, on July 30, Greeks.Live released a Chinese briefing. The market remains cautious about Bitcoin breaking through $120,000, with traders generally believing that a downward breakout to $115,000 is more likely. Currently, market volatility continues to compress to extremely low levels, with the DVOL indicator hitting a new low. It is worth noting that the US spot ETF continues to show a negative premium, reflecting cautious capital inflows. In addition, the SEC recently approved the ETF's support for physical purchase and redemption mechanisms, providing institutional investors with new compliance monetization channels.

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