Bitfinex report: BTC in consolidation state before entering Q3 2025

Odaily Planet Daily News: Bitfinex has released an Alpha report, which states that BTC is in a consolidation state before entering the third quarter of 2025, with Bitcoin prices fluctuating within a clear range of $100000 to $110000. After an explosive rise of nearly 50% since the low of $74634 in April, there are now signs of consolidation. The recent decline in price trends reflects the cooling down of on chain and derivative trading activities, the decrease in spot trading volume, the weakening of receiver buying pressure, and the reduction of open contracts, highlighting that the market is shifting from the aggressive impulse trading stage to the range oscillation stage. Looking ahead, the seasonal characteristics of the third quarter in history indicate that Bitcoin will enter a phase of lower volatility and smoother directional fluctuations. On average, the third quarter was the weakest quarter for Bitcoin, with a historical return rate of only+6%, and price movements often remained within a range during this period.