Matrixport: Bitcoin's quiet period may come to an end

Matrixport released a weekly report saying that bitcoin has now fallen back to the $106,000-108,000 range, which is also confirmed by the bearish signal sent by the trend model a few weeks ago. If this level is lost, the market may trigger a chain reaction. Meanwhile, gold has broken through all-time highs, European bond market pressure has intensified, and US debt issuance has increased almost parabolically.
From a technical perspective and on-chain structure, this range supports a significant role, and historical experience shows that the first step back is often not easy to fall below. On the capital side, bitcoin funding rates have dropped significantly, implied volatility is close to historical lows. This month, a number of macro blockbuster events are about to take place, traders are adjusting their positions in advance, and options market pricing suggests that investors may have underestimated the possibility of subsequent fluctuations.
Looking back at history, pullbacks of this magnitude often contain excess profitability. But whether it can be truly grasped depends on the transaction structure and entry timing. The key is: how to effectively control the risk exposure caused by another sharp decline while striving for the potential upside in the fourth quarter.