Odaily Planet Daily News Matrixport released today's chart, saying that historical data shows that June is usually one of the months with relatively flat performance and high volatility of Bitcoin, with an average return of only 1.9% and a probability of rising of 50%. In contrast, October, as the month with the strongest seasonal performance of Bitcoin, has a more prominent advantage.
Last year's market trend provided an important reference: Bitcoin fell 7.1% in June, and although there was a small rebound of 3.1% in July, it fell again by 8.7% in August.
Based on the weakening of seasonal momentum, we have adjusted our more cautious trading strategy last week. From the current data and market performance, it is consistent with this judgment.