Possibility of a Bitcoin rebound at the end of the year
Bitcoin has been consolidating since hitting a new high in March 2024, but the return rate has reached +49% since the beginning of the year, which is comparable to the historical forecast of +47%. Based on the performance of the past decade, a sharp price rebound is expected in early October, which will surprise market participants.
At the same time, Ethereum's mining fee has rebounded slightly, suggesting that the summer consolidation phase may be coming to an end. To determine whether the rebound momentum is sustainable, it is necessary to analyze Ethereum's revenue and mining fee trends in depth. If it is unsustainable, it may mean that the logic of market activity has changed.
