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According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.
According to a research report recently released by Goldman Sachs’ China macroeconomics team, the asset allocation of Chinese residents is in the early stages of a structural transformation. As the role of real estate in wealth accumulation gradually diminishes and deposit rates remain low, savings may progressively shift towards a broader range of financial assets, with stocks and insurance expected to be the primary beneficiaries in the medium term. “Chinese residents’ stock allocation remains low relative to its long-term potential.”The Goldman Sachs report indicates that the current share of stocks in residents’ assets is less than 10%, suggesting significant room for further asset reallocation as residents gradually broaden their investment horizons. Goldman Sachs also noted that, given residents’ still cautious risk appetite and the uneven distribution of financial wealth, this adjustment is unlikely to be linear or cover a wide population. Even so, if resident confidence stabilizes and capital market returns become attractive, stocks could account for a larger share of new resident savings in the future. (Shanghai Securities News)