Matrixport's latest chart analysis mentions that although Bitcoin has returned to high levels, the minting speed of stablecoins in the market continues to decline. This also indicates that there isn't much new capital coming into the market, which could be one of the main reasons Bitcoin is struggling to break through.

From on-chain data, the new capital flowing into the market is still quite limited. Moreover, summer is generally a period of low trading activity, so if we want to break the current sideways trend, we may have to wait for some significant macro-positive developments to drive it.

In this context, Matrixport suggests that bullish investors consider hedging potential risks by selling call options. Although Bitcoin may still have some room for short-term appreciation, the chances for a rapid surge may be quite limited. #美国加征关税