This week, the digital money market has shown a fluctuation trend. Bitcoin ( BTC ) is currently fluctuating in the range of $112 to $116, with short-term support levels at $112, $110, $109, and $107. This afternoon to evening, the market may show a pump trend.

However, institutional investors continue to reduce their holdings, coupled with capital outflows from US stocks, making the likelihood of a significant rise in Bitcoin in the short term relatively low. However, if the US economy remains stable and shows an upward trend, if the China-US negotiations proceed smoothly, and if interest rates are cut as scheduled in September, the probability of Bitcoin breaking through the new high of 123 USD will greatly increase. This process may continue into the second half of this year, expected to be realized between September and December.

Ethereum ( ETH ) is performing strongly today, with a rise exceeding Bitcoin, and its $3580 position is an important support level. In contrast, Solana ( SOL ) is showing weakness, and investment is not recommended in the short term.

It is worth noting that the two projects, Baby and Plume, show potential in the physical asset (RWA) field. The former focuses on the Bitcoin staking track, while the latter concentrates on the U.S. Treasury RWA track. Although it is currently not suitable to enter the market, investors can continue to pay attention and wait for the right entry opportunity.

Overall, the current digital money market is in a correction phase. Investors should operate cautiously, closely monitor market trends and macroeconomic conditions, and prepare for potential investment opportunities.