6月25日，尽管比特币短线走弱，围绕四年趋势模型仍保留上修空间的讨论升温后，CPT Markets表示，市场对中期结构是否被真正破坏仍存在明显分歧。

　　在CPT Markets看来，趋势模型之所以仍被重视，是因为它帮助资金区分情绪性下跌和结构性失衡。如果长期节奏尚未完全改变，那么当前回落更可能被理解为周期中的深度修正，而不是叙事彻底反转。

　　不过模型能够提供的只是参考框架，不能替代资金流和成交结构本身。若短线压力继续加大，价格仍可能在更低区间完成重新定价，这意味着乐观模型需要与现实波动共同验证。

　　后续随着市场消化利率与风险偏好压力，CPT Markets预计，中期方向仍将由承接力度来决定；在CPT Markets看来，只要长期节奏未被全面破坏，修复预期就不会完全退出市场。

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