Odaily Planet Daily News Bitfinex released an Alpha report, which pointed out that BTC is in a consolidation state before entering the third quarter of 2025. The price of Bitcoin continues to fluctuate in a clear range of $100,000 to $110,000. After an explosive rise of nearly 50% from the low of $74,634 in April, it is now showing signs of consolidation. The recent decline in price trends reflects the cooling of on-chain and derivative trading activities, the decline in spot trading volume, the weakening of taker buying pressure, and the reduction of open contracts, highlighting that the market is shifting from an aggressive impulse trading phase to a range-bound oscillation phase.
Looking ahead, the seasonal characteristics of the historical third quarter suggest that Bitcoin will enter a phase of lower volatility and more moderate directional fluctuations. On average, the third quarter is the weakest quarter for Bitcoin, with a historical return rate of only +6%, and price movements tend to remain range-bound during this period.
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