Matrixport: Summer Consolidation May Be Nearing Its End, Bitcoin Poised for a New Round of Market Action

Jinse Finance reported that Matrixport released its weekly report, stating that bitcoin has experienced the longest consolidation period in recent years this summer, and the market's sensitivity to price fluctuations has diminished. Meanwhile, there have been new changes in capital flows and position structures: traditional wallets continue to sell off, while as exchange balances decline, large holders have quietly resumed buying. In the options market, demand for downside protection is strong, and overall sentiment is clearly leaning toward panic. Under the combined influence of the Federal Reserve meeting, inflation data, and fiscal risks, market volatility may heat up again. The key lies in whether mainstream positions can adapt to bitcoin's next trend.