According to BlockBeats, on September 6, Matrixport released a weekly report pointing out that the recent 30-day actual volatility of Bitcoin has climbed to 62%, exceeding the long-term average volatility of 58%. Historically, the duration of actual volatility exceeding 70% is very short, which often brings profit opportunities to traders who sell implied volatility at high levels. In contrast, volatility buying is only more profitable when the actual volatility falls below 30%.
Since June 21, Bitcoin prices have fallen 12%, showing a similar trend to previous years, where crypto assets fall in the summer and then experience increased volatility. In addition, several key events are coming up that will significantly affect Bitcoin market dynamics, reinforcing the trend. A successful Trump victory, coupled with Federal Reserve Chairman Powell’s monetary policy, could create a bullish environment for Bitcoin.
With the arrival of September, key events that can influence the value of Bitcoin and market sentiment are coming one after another, and Bitcoin is about to enter a critical period. Before the US presidential election on November 5, major events such as the release of the US employment report on September 6 (Friday), the presidential election debate between Harris and Trump on September 10 (Tuesday), and the Federal Reserve’s interest rate policy decision on September 18 (Wednesday) will shape the expectations of the entire market.
