A macroeconomic model combining the yields of 10-year US Treasury bonds and 10-year Chinese government bonds (US10Y×CN10Y) recently generated an "extremely accurate" bullish crossover signal, potentially providing guidance for the next Bitcoin rally. Historical data shows that this indicator issued similar signals before the bull markets of 2013, 2017, 2020–2021, and 2023, corresponding to Bitcoin gains of approximately 8700%, 1900%, 600%, and over 350%, respectively. Furthermore, on-chain data shows that whale addresses (wallets holding 1000–10000 BTC) have re-entered a accumulating phase during the recent price correction, similar to behavior patterns seen near market bottoms in previous instances. Analysts believe that if Bitcoin stabilizes and rebounds from near its 200-week moving average, the price may test $100,000 around August. However, if it fails to break through the key resistance level of $78,000, there remains a risk of a "bull trap." (Cointelegraph)