The retail sales data for July recently released showed slight fluctuations on a month-on-month basis, but such minor fluctuations are a normal occurrence. Small fluctuations in data typically do not have a significant impact on the market, and the market trend will continue to develop in the established direction.

Although there may occasionally be unexpected large fluctuations in small economic indicators such as the Producer Price Index ( PPI ), the probability of this happening is extremely low. In most cases, changes in economic indicators are mild and do not have a significant impact on the overall trend.

In the cryptocurrency market, the expected trend for Bitcoin remains bearish. Analysts generally believe that Bitcoin may test the price range of 118,000 to 117,000. This prediction is based on current market sentiment and technical analysis, but investors should still exercise caution and closely monitor market movements.

Overall, whether in the traditional retail market or the emerging cryptocurrency market, short-term fluctuations are the norm. Investors and analysts need to focus on long-term trends rather than being overly concerned with short-term volatility. At the same time, it is crucial to consider multiple factors comprehensively when making investment decisions and to maintain a rational and cautious attitude.