PANews reported on September 1st that according to Matrixport analysis, Bitcoin prices have fallen back into the critical range of $106,000-108,000. The latest "Matrix on Target" report notes that seasonal weakness has been evident since late July, and that periodic pressure is accumulating, suggesting a potential further correction in the current trend. With US employment data expected to be released this week, Bitcoin is at a technical juncture. Further price declines could surprise the market, but the risks are not negligible. Historical data shows that while interest rate cuts are positive for the crypto market, they are often accompanied by volatility.PANews reported on September 1st that according to Matrixport analysis, Bitcoin prices have fallen back into the critical range of $106,000-108,000. The latest "Matrix on Target" report notes that seasonal weakness has been evident since late July, and that periodic pressure is accumulating, suggesting a potential further correction in the current trend. With US employment data expected to be released this week, Bitcoin is at a technical juncture. Further price declines could surprise the market, but the risks are not negligible. Historical data shows that while interest rate cuts are positive for the crypto market, they are often accompanied by volatility.
Analysis: The current trend may continue to pull back. Although interest rate cuts are good for the crypto market, they are often accompanied by volatility.
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
PANews reported on September 1st that according to Matrixport analysis, Bitcoin prices have fallen back into the critical range of $106,000-108,000. The latest "Matrix on Target" report notes that seasonal weakness has been evident since late July, and that periodic pressure is accumulating, suggesting a potential further correction in the current trend. With US employment data expected to be released this week, Bitcoin is at a technical juncture. Further price declines could surprise the market, but the risks are not negligible. Historical data shows that while interest rate cuts are positive for the crypto market, they are often accompanied by volatility.
Market Opportunity
Notcoin Price(NOT)
$0.0004963
$0.0004963$0.0004963
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Egyptian foreign minister to meet Putin over Iran conflict
The post Egyptian foreign minister to meet Putin over Iran conflict appeared on BitcoinEthereumNews.com. Egypt’s foreign minister plans to meet with Putin to discuss
Share
BitcoinEthereumNews2026/04/02 18:00
Whale ‘1011’ Pours Another $9M USDC Into Hyperliquid After $230M Liquidation
BitcoinWorld Whale ‘1011’ Pours Another $9M USDC Into Hyperliquid After $230M Liquidation A prominent cryptocurrency whale, identified on-chain as ‘1011,’ has
Share
bitcoinworld2026/05/22 05:35
Pound Holds Ground as UK Business Activity Slips to One-Year Low
BitcoinWorld Pound Holds Ground as UK Business Activity Slips to One-Year Low The British pound remained relatively stable against major currencies on Tuesday,
Share
bitcoinworld2026/05/22 05:50
