Matrixport's latest report points out that Bitcoin has a high probability of rebounding at the end of the year, which may bring surprises to the market. Although Bitcoin has been consolidating since reaching an all-time high in March 2024, its return rate has reached +49% since the beginning of the year, which is consistent with the +47% predicted by historical data. If the historical trend continues, there may be a sharp rebound in early October.

Ethereum mining fees rebounded slightly, indicating that the summer consolidation phase may be over. It is necessary to closely monitor the trends of Ethereum revenue and mining fees to assess the sustainability of the rebound. The next few weeks and months will be an important observation period for the crypto market.