According to PANews, Matrixport's analysis from a month ago predicted that Bitcoin could rise to $116,000 based on contrarian seasonal analysis, a forecast that has now been validated by the market. Currently, market sentiment is gradually shifting towards optimism. This week, several key events, including the release of U.S. stock earnings reports, the delayed White House digital asset report, and the Federal Reserve's interest rate decision, could serve as new catalysts for market volatility. However, historical data indicates that August and September are typically weaker months for Bitcoin performance. Over the past decade, the average return in August has been close to zero, with gains recorded in only three years. Analysts suggest that many traders prefer to lock in profits during this period. Although the bullish outlook for the year remains, the short-term market may enter a tactical consolidation phase due to seasonal disturbances.

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