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📰Matrixport: This week, the intensive disclosure of U.S. stock earnings reports, the Federal Reserve's interest rate decision, and several other key events may drive market volatility.
Matrixport @Matrixport_EN released a chart today stating that a month ago, based on counter-seasonal analysis, we predicted that Bitcoin could rise to $116,000, and this judgment has now been validated by the market. Current market sentiment is gradually turning optimistic, and this week will see multiple key events: the intensive disclosure of U.S. stock earnings reports, the delayed release of the White House digital asset report, and the Federal Reserve's interest rate decision, which may become a new catalyst for market volatility.
However, historical data shows that August and September have traditionally been relatively weak months for Bitcoin. Over the past decade, the average return in August has been close to zero, with only three years recording an increase. Therefore, many traders often choose to lock in profits during this period. Although we still maintain a bullish outlook for the year, considering seasonal disturbances, the market may face a tactical consolidation period in the short term.

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