BitUnix analyst: BTC short-term volatility, beware of pullback risk The July PPI data in the United States exceeded expectations, exacerbating policy uncertainty and suppressing risk appetite in the cryptocurrency market. BitUnix analysts pointed out that BTC had previously broken through the downtrend line and surged to $124500, but has now fallen back above $119000, with $116300 being the key support level. Short term attention to market acceptance at $119625, with the possibility of testing $120800 and $124600 if there is a breakthrough, otherwise it may fall back to $117900 or $115000.