According to TechFlow, Matrixport’s latest report pointed out that Bitcoin’s 30-day actual volatility has climbed to 62%, exceeding the long-term average of 58%.

The firm said historical data showed that periods of realized volatility above 70% were typically short-lived, potentially presenting profitable opportunities for traders who sold implied volatility at high levels.

Since June 21, the price of Bitcoin has fallen 12%, showing a similar summer decline trend to previous years.

Matrixport emphasized that a series of key events that may occur in the next few months will significantly affect Bitcoin market dynamics, including the release of the US employment report, the presidential election debate, the Federal Reserve’s interest rate policy decision, etc.

In addition, Trump’s potential victory and Federal Reserve Chairman Powell’s monetary policy could create a bullish environment for Bitcoin. The report advises traders to remain cautious during this period of uncertainty.