Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Bitcoin may enter a period of consolidation, and the stabilization of trading volume indicates the arrival of "summer weakness"
12hours ago

According to Odaily Planet Daily, Matrixport's latest market analysis indicates that investors may be witnessing the beginnings of a "summer lull," with trading volumes beginning to level off. While market activity remains high, the lack of clear catalysts in August and reduced retail investor participation during the holiday season could lead to a significant slowdown.

The report notes that three major volume surges over the past 18 months have triggered strong market rallies, but the frequency of these high-volume events is relatively low, highlighting the importance of closely monitoring market signals. Historically, declining volume has often signaled a period of consolidation for Bitcoin, and the current market characteristics strongly align with this trend.