Matrixport: Bitcoin is still in a range-bound fluctuation, with a short-term wait-and-see approach, and the medium-term pattern remains unchanged.

Odaily News Matrixport released today’s chart stating that Bitcoin is still in a range-bound fluctuation; in contrast, U.S. stocks have repeatedly hit historical highs driven by the AI boom. There is a certain similarity to the rhythm seen last year: after a prolonged period of low volatility consolidation, the price experienced a relatively rapid upward movement within about three weeks (historical retrospection does not represent the future). The current narrow fluctuation places higher demands on traders' patience. Short-term is mainly wait-and-see, and the medium-term pattern remains unchanged. If the Fed maintains a dovish stance and continues to cut interest rates, the market will reflect more of a wait for clearer external driving signals. Similar rhythms have also been commonly seen in history: after prolonged consolidation, volatility tends to be released in a shorter time frame.