Matrixport released the latest report, pointing out that the core catalyst for a new round of Bitcoin's rise is gradually emerging. Despite the frequent positive aspects of Ethereum (such as ETF fund inflows, institutional allocation heating up, SEC or release pledge mechanism), the funding rate has only risen to 15%, indicating that the market heat has not yet been fully released.
The report also pointed out that August and September have historically been relatively weak months for Bitcoin throughout the year. With the conclusion of the latest FOMC meeting, the next meeting will be held on September 17. In the short term, policy catalysis is missing, and the market may turn to wait and see and enter the sideways consolidation stage.
Matrixport: August and September may be a period of weakness for Bitcoin, and the short term may enter a consolidation period
2025-08-01 08:10:44
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