Matrixport: Bitcoin is at a critical juncture, with long-term holders slowly transferring their holdings to a new generation of institutional buyers.
Matrixport released a daily chart analysis stating, "In recent reports, we have pointed out that Bitcoin is approaching a key threshold - a typical 'bull and bear divide point', historically this signal has been very reliable.
Multiple structural indicators are issuing warning signals: futures open interest is starting to decline relative to the 90-day moving average, our trend model has turned bearish, and the price has dropped below the 21-week moving average - a level that historically marks the watershed between 'continue to go long' and 'shift to neutral' market conditions.
On the surface, Bitcoin seems very calm. Price movements are stagnant, volatility is gradually diminishing, and most investors believe the current range is just a 'normal consolidation phase'.
But this interpretation overlooks a deeper structural change: Bitcoin is not quietly consolidating, but is quietly undergoing a transfer of ownership - and this transfer is taking place in the most critical price range of this cycle.
Beneath the calm surface, long-term holders are gradually distributing chips to a new batch of institutional buyers, this transition brings a rare 'stagnation'. In addition, Bitcoin has fallen below the short-term realized price, increasing liquidation risks.
Individually, these are warning signals; but when they appear together, they constitute a clear risk warning."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Powell: Another rate cut in December is not a certainty, there are significant divisions within the committee, the job market continues to cool, and there is short-term upward pressure on inflation (full text attached)
Powell stated that inflation still faces upward pressure in the short term, while employment is facing downside risks. The current situation is quite challenging, and there remains significant disagreement within the committee regarding whether to cut rates again in December; a rate cut is not a foregone conclusion. Some FOMC members believe it is time to pause. Powell also mentioned that higher tariffs are driving up prices in certain categories of goods, leading to an overall increase in inflation.
Mars Morning News | Due to uncertainty over Federal Reserve rate cut expectations, the crypto market seeks support downward
Federal Reserve Chairman Powell stated that a rate cut in December is not inevitable, leading to a significant decrease in market expectations for rate cuts and a decline in risk assets. The crypto market also dropped as a result, with bitcoin falling below $110,000. The trading volume of Bitwise Solana ETF continues to grow. Summary generated by Mars AI. The accuracy and completeness of the content generated by the Mars AI model are still being iteratively updated.
