logo

Matrixport: Bitcoin Breaking Out of Triangle Pattern, Funds Continuously Flowing into Crypto Market

By: theblockbeats.news|2025/08/12 15:22:41
0
Share
copy
reserve-ethreserve-eth

BlockBeats News, August 12th. Matrixport released today's market analysis stating, "Bitcoin is challenging the upper boundary of a triangle consolidation range. During the Asian session, the price briefly rose, but met selling pressure during the European and American sessions, leading to a partial retracement of gains. If the price remains above $116,817, the breakout is still valid, and there is still room for further upside in the short term.

Against the backdrop of the current seasonally weak period, the price may rise steadily rather than sharply. If the CPI exceeds expectations, it may temporarily shake market confidence in the Federal Reserve's two interest rate cuts this year. However, we still believe this expectation aligns with the long-term trend.

Funds continue to flow into the crypto market through various channels, and long-term investors may reap the rewards this year."

-- Price

--

You may also like

6MV Founder: In 2026, the "landmark turning point" for crypto investment has arrived

"I will deploy funds in 2026, so I will tell you this is the best year in history."

Abraxas Capital Mints $2.89 Billion USDT: Liquidity Boost or Just More Stablecoin Arbitrage?

Abraxas Capital just received $2.89 billion in freshly minted USDT from Tether. Is this a bullish liquidity injection for crypto markets, or is it business as usual for a stablecoin arbitrage giant? We analyze the data and the likely impact on Bitcoin, altcoins, and DeFi.

A VC from the Crypto world said AI is too crazy, and they are very conservative

Amid the Crypto frenzy and with investors who once missed out on Pinduoduo, a new AI fund called Impa Ventures was established, rejecting bubble narratives and adhering to a conservative "problem-first" strategy to seek real business value.

The Evolutionary History of Contract Algorithms: A Decade of Perpetual Contracts, the Curtain Has Yet to Fall

The ten-year evolution of perpetual contracts: from pulling the plug on 312 to the shocking short squeeze of TRB, a deep dive into the pricing machine that averages $200 billion daily, written with countless liquidations and real money, detailing the blood and tears of risk control theory.

Kicked out by PayPal, Musk aims to make a comeback in the cryptocurrency market

Cashtags generated a trading volume of 1 billion dollars just a few days after its launch, marking a strong start for Musk's super app strategy. For the cryptocurrency market, X's layout may be one of the most anticipated sources of retail growth after the meme coin craze subsides.

Solana ETF News: What Is a Solana ETF and Why Is Goldman Sachs Betting $108 Million on SOL?

Solana ETF news today shows Goldman Sachs disclosed a $108M position while total SOL ETF inflows reached $1.45B. Analysts now expect up to $6B in institutional demand as Solana trades 71% below its all-time high.

The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Contents

Popular coins

Latest Crypto News

22:42

Data: If BTC breaks through 81,753 USD, the cumulative short liquidation intensity on mainstream CEX will reach 1.917 billion USD

According to Coinglass data, if BTC breaks through $81,753, the cumulative short liquidation intensity on mainstream CEX will reach $1.917 billion. Conversely, if BTC falls below $74,209, the cumulative long liquidation intensity on mainstream CEX will reach $1.769 billion.
22:42

Data: If ETH breaks through 2,426 USD, the cumulative short liquidation intensity on mainstream CEX will reach 948 million USD

According to Coinglass data, if ETH breaks through $2,426, the cumulative short liquidation intensity on mainstream CEX will reach $948 million. Conversely, if ETH falls below $2,199, the cumulative long liquidation intensity on mainstream CEX will reach $942 million.
22:42

The final value of the one-year inflation rate expectation in the U.S. for April is 4.7%

According to Jinshi, the final value of the one-year inflation rate expectation in the United States for April is 4.7%, lower than the market expectation of 4.8% and also lower than the previous value of 4.8%.
22:42

Informed sources: The U.S. Department of Justice is expected to terminate the criminal investigation into Federal Reserve Chairman Powell as early as Friday

According to ABC News, multiple sources have revealed that the U.S. Department of Justice is expected to terminate the criminal investigation into Federal Reserve Chairman Powell as early as Friday.
22:42

AI trading agency platform Fere AI completes $1.3 million financing, led by Ethereal Ventures

AI digital asset trading agency platform Fere AI announced the completion of a $1.3 million financing round, led by Ethereal Ventures, with participation from Galaxy Vision Hill and Kosmos Ventures.The platform supports cross-chain networks such as Ethereum, Solana, and Base, allowing users to descr...
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com