Deep Tide TechFlow news, on August 20, Matrixport released today's chart stating, "In the past 18 months, the cryptocurrency concept stock index has significantly outperformed Bitcoin, but as the stock prices of leading companies like Strategy, Coinbase, and Metaplanet have recently pulled back, the index has begun to show signs of a correction. The cooling buying interest after Circle's listing further confirms the lack of momentum in the new stock market.

Currently, the participation of institutions is insufficient, which may reflect the seasonal weakness of summer. In the absence of significant cryptocurrency IPO support, prices may further consolidate in the short term."