According to CoinMeta, Wu said that on August 7th, in its market report, QCP indicated that BTC had rebounded from around $62,500 to near $64,000 at the beginning of this week. During this period, Strategy sold 1,638 BTC last week, for an amount of approximately $104.7 million. As of August 4th, the estimated loss due to the Coldcard security incident was about 1,755 BTC, valued at around $110 million, involving about 5,000 wallets, but none of these events led to a sustained breakdown of BTC. QCP data shows that the implied volatilities at parity on the 7th and 30th were approximately 28.8 and 32.6 respectively, which are at recent lows. On the 7th, the delta risk reversal rose from -7.39 to -2.10, indicating a easing of short-term downward protection demand. QCP believes that currently, BTC reflects more resilience to negative factors rather than a clear trend reversal. Subsequently, attention will still need to be paid to U.S. employment data, energy prices, U.S. Treasury yields, Japanese liquidity, and the progress of legislation regarding the U.S. crypto market structure.