**[Matrixport: Key Bitcoin Indicators Show Structural Changes, Market May Be Near a Volatility Trigger Point]**
Matrixport's daily chart analysis reveals that the funding costs, leverage ratios, and trading volumes of Bitcoin, Ethereum, and SOL are emitting signals inconsistent with price movements, indicating that the market structure remains fragile while simultaneously hiding trading opportunities. On-chain key levels and derivatives indicators are converging toward threshold areas that historically trigger significant volatility, suggesting the market may be approaching a new trend initiation point.
Core indicators such as Bitcoin's skewness, open interest, and volatility are undergoing structural changes, implying that the future market rhythm may differ from the past. Currently, Bitcoin's price is nearing the apex of a symmetrical triangle, a pattern that historically often leads to rapid breakouts. As the price approaches the critical technical level of $110,000, signs of early positioning have already emerged in the options market. Under a high-leverage environment, this year's volatility may erupt earlier than in previous years, with structural risks on the rise.