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Matrixport: Bitcoin Maintains Volatile Pattern, Analysts Suggest Patiently Waiting for Directional Signals
Summary: Matrixport's daily analysis indicates that Bitcoin is currently maintaining a volatile consolidation pattern, with prices fluctuating around $88,528. Despite market expectations of the Fed keeping rates unchanged in January and recent liquidity injections sending some dovish signals, overall policy language remains neutral, making it difficult for institutional investors to make significant allocation adjustments in the ...
Matrixport's daily analysis indicates that Bitcoin is currently maintaining a volatile consolidation pattern, with prices fluctuating around $88,528. Despite market expectations of the Fed keeping rates unchanged in January and recent liquidity injections sending some dovish signals, overall policy language remains neutral, making it difficult for institutional investors to make significant allocation adjustments in the short term. Independent analyst Markus Thielen notes that as the Christmas holiday approaches, Bitcoin's implied volatility is likely to decrease, institutional funds are adopting a wait-and-see approach, and with retail participation relatively weak in the current cycle, there is limited room for market recovery. It is worth noting that since October 10, Bitcoin has been in a downward trend, but January may present an opportunity for a phase reversal. Investors are advised to remain patient and wait for clearer directional signals.
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Link: Matrixport: Bitcoin Maintains Volatile Pattern, Analysts Suggest Patiently Waiting for Directional Signals [Copy]
