[Analysis] "Bitcoin May Enter Correction Amid Stagnant Trading Volume... Signs of Summer Fatigue"

An analysis indicates that trading volumes in the virtual asset (cryptocurrency) market are slowing down.

On the 29th, virtual asset management firm Matrixport released a research report stating, "While recent trading volumes have stagnated, signs of typical summer season fatigue are emerging," adding that "Bitcoin could enter a short-term consolidation phase."

According to the report, the total market capitalization of virtual assets hit a record high of $3.85 trillion as of June, but the average daily trading volume that month dropped significantly to $178 billion compared to the beginning of the year. In particular, trading volumes surged along with major upward trends, such as in January 2024 ($260 billion) and January 2025 ($372 billion), but then followed a pattern of sharp periodic declines.

Matrixport noted, "Over the past 18 months, there have been three clear surges in trading volume accompanied by distinct price rallies, but their frequency was low," suggesting that "investors need to be more sensitive to market signals."

The report also projected, "With a lack of special catalysts in August and a traditional vacation season when retail investor participation decreases, trading volume is likely to decline further," and forecast that "Bitcoin could enter a short-term correction or sideways trend."