According to online reports, Matrixport released its latest report stating that the core catalyst for a new round of Bitcoin's rise is gradually emerging. Although Ethereum has seen frequent positive developments (such as ETF capital inflows, rising institutional configurations, SEC or release pledge mechanisms), the fund rate has only risen to 15%, indicating that the market heat has not yet been fully released. The report also pointed out that August and September have historically been relatively weak months for Bitcoin's performance throughout the year. With the end of the latest FOMC meeting, the next meeting will be held on September 17. In the short term, policy catalysis is lacking, and the market may turn to wait-and-see and enter a sideways consolidation stage.