PANews July 8 news, Matrixport states that the price of Bitcoin has returned to a high point, but the momentum of stablecoin issuance continues to decline, and the lack of new liquidity in the market may become one of the key reasons why Bitcoin has failed to break through effectively.
On-chain data shows that new capital inflows remain limited, and summer trading is further restricting market activity. Analysts believe that to break the current pattern, new macro catalysts are still needed to drive the market. In the short term, while there is some room for Bitcoin's price to rise gradually, the probability of a rapid surge is relatively low. Matrixport suggests that bullish investors hedge potential risks by selling call options.
