Matrixport: The summer consolidation may be nearing its end, and Bitcoin is expected to welcome a new round of market activity.

[Matrixport: Summer consolidation may be nearing its end, Bitcoin is expected to welcome a new round of market] Matrixport released a weekly report stating that Bitcoin has experienced the longest consolidation period in recent years this summer, and the market's sensitivity to price Fluctuation has weakened. At the same time, changes have emerged in capital flows and positions: traditional wallets continue to sell off, while large holders have quietly resumed buying as exchange balances decline. In the options market, demand for downside protection is strong, and overall sentiment is clearly leaning towards panic. Under the multiple influences of the Federal Reserve meeting, inflation data, and fiscal risks, market fluctuations may heat up again, and the key lies in whether mainstream positions can align with the next round of Bitcoin's trend.

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