Matrixport: August and September May Be Weak Periods for Bitcoin, Short-Term Consolidation Likely

According to a report by Jinse Finance, Matrixport’s latest analysis indicates that the core catalysts for a new round of Bitcoin’s upward movement are gradually emerging. Although Ethereum has seen a series of positive developments—such as ETF inflows, increased institutional allocation, and the potential approval of staking mechanisms by the SEC—funding rates have only risen to 15%, suggesting that market enthusiasm has yet to be fully unleashed. The report also notes that August and September have historically been relatively weak months for Bitcoin’s annual performance. With the latest FOMC meeting concluded and the next one scheduled for September 17, the absence of short-term policy catalysts may lead the market to adopt a wait-and-see approach, potentially entering a consolidation phase.