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Matrixport: Bitcoin's summer consolidation may be coming to an end, and a new round of market is expected to begin
3days ago

Odaily Planet Daily reports that Matrixport's latest weekly report indicates that Bitcoin experienced its longest period of consolidation in recent years this summer, with the market's sensitivity to price fluctuations significantly decreasing. Simultaneously, capital flows and holdings are shifting: traditional wallets continue to sell, while large holders quietly re-buy as exchange balances decline. In the options market, demand for downside protection is strong, and overall sentiment is leaning towards panic. Driven by multiple factors, including the Federal Reserve meeting, inflation data, and fiscal risks, market volatility may escalate again. The key lies in whether mainstream positions can adapt to Bitcoin's next trend.