Matrixport September Outlook: Bitcoin Consolidation Expected to Continue for 2-3 Weeks Until New Catalyst Drives Price Movement

By: theblockbeats.news|2025/08/29 15:42:21

BlockBeats News, August 29th. Matrixport released the September market outlook, stating that Bitcoin is currently in a phase where technical and macro factors are intertwined. The rare drop in August and the traditionally poor seasonal performance in September. This month will see key events such as non-farm payroll data, CPI, and the Fed's interest rate meeting, further raising uncertainty. Even if the Fed chooses to cut interest rates, the market may not necessarily see the expected rebound.

Currently, Bitcoin is oscillating in a key range at the boundary between bulls and bears, with most investors choosing to wait and see. The key question to be addressed next is whether this round of volatility is just a period of consolidation or a precursor to a trend reversal. Bitcoin's consolidation phase is expected to continue for another 2-3 weeks until new catalytic factors drive price movements. Since August, Bitcoin has dropped by 3.9%, far below the historical average of a 0.5% increase during the same period. As we enter September, the seasonal factors remain bearish, with four out of the past ten years seeing declines, averaging a 2.5% decrease.

-- Price

In three weeks, Drift, Hyperbridge, and KelpDAO were consecutively hacked, resulting in nearly $900 million in losses. Polygon's CEO wrote that the problem lies not with any single team, but with the "notary" style architecture shared by the entire industry—relying on one or two signers to stamp cro...

Major Upgrade on Web: 10+ Advanced Chart Styles for Deeper Market Insights

To deliver more powerful and professional analysis tools, WEEX has rolled out a major upgrade to its web trading charts—now supporting up to 14 advanced chart styles.

Morning Report | Aethir secures a $260 million enterprise contract with Axe Compute; New Fire Technology acquires Avenir Group's trading team; Polymarket's trading volume surpassed by Kalshi

Overview of Important Market Events on April 23

Why a Million-Follower Crypto KOL Chooses WEEX VIP?

Discover why top crypto KOL Carl Moon partnered with WEEX. Explore the WEEX VIP ecosystem, 1,000 BTC protection fund, and exclusive rewards for serious traders.

CoinEx Founder: The Crypto Endgame in My Eyes

The industry will not disappear, but it will shrink significantly.

Spark Coin (SPK): Explodes 73% as Aave Bleeds $15B, A Good Investment Now?

Spark coin (SPK) surged 73% as $15 billion fled Aave after the KelpDAO hack. This article explains what Spark is, why it’s pumping, and whether it is a good investment right now.

As Aave's building collapses, Spark's high-rise is rising

The growth of Spark's TVL is essentially a redistribution of existing capital in DeFi among protocols, rather than new capital entering the market. The "cake" of the entire industry has shrunk in the short term, and no one can remain unaffected.

RootData: Q1 2026 Cryptocurrency Exchange Transparency Research Report

In this report, Binance continues to rank first with the highest trading volume and wealth potential, while OKX has risen to second place as one of the few exchanges with an increase in trading volume this month.

What Is Memecoin Trading? A Beginner's Guide to How It Works, the Risks, and 2026's Hottest Tokens

Memecoins surged 30%+ at the start of 2026 while Bitcoin was flat. RAVE spiked 4,500% then crashed 90% in days. MAGA jumped 350% overnight. This guide explains exactly how memecoin trading works — and how to not blow up your account doing it.