Bitcoin volume stabilizes, and the market may welcome a summer lull.

On July 29, a certain institution released today's market analysis indicating that investors may be witnessing early signs of "summer fatigue," as volume begins to stabilize. Although current market activity remains at a high level, the lack of clear catalysts in August may lead to a significant slowdown in the market—especially against the backdrop where retail investors typically reduce participation due to holidays.

The three major volume surges in the past 18 months have each driven strong market rallies, though they occurred less frequently. This again underscores the importance for investors to closely monitor market signals.

Historically, a decline in volume often indicates that Bitcoin is entering a consolidation phase, and with August approaching, it may currently be entering a similar stage.