Home
News Detail

Data: Matrixport: Bitcoin summer consolidation may end, and a new round of market is expected to begin

Source: ChainCatcher
According to ChainCatcher, according to the latest weekly report of Matrix on Target, the market may usher in a new round of market trends after Bitcoin has experienced the longest summer consolidation period in recent years. The report pointed out that there are new changes in the current capital flow and position structure: traditional wallets continue to sell, but as exchange balances decline, large positions have quietly restarted their buying. The options market shows that there is a strong demand for downward protection, and the overall sentiment is inclined to panic. Analysts believe that under the influence of Fed meeting, inflation data and fiscal risks, market volatility may heat up again, and the key lies in whether mainstream positions can adapt to the next round of Bitcoin. .
Link copied to clipboard