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The latest news has caused market fluctuations, and the closing price is expected to be around 120,000 today. Nevertheless, we remain optimistic and have a positive outlook for future trends. Currently, the support level is at 116,500, and the resistance level is at 123,000. Although there may be fluctuations in the short term, the long-term bullish view remains the mainstream perspective. It is worth noting that the U.S. Producer Price Index (PPI) year-on-year for July exceeded expectations, which may have some impact on the Crypto Assets market. Investors should closely follow macroeconomic data and market trends, invest rationally, and manage risks.