Matrixport: Liquidity improves but memecoin cools down, Bitcoin market risks still exist

Odaily Planet Daily News Matrixport report disclosed that global market liquidity has improved, but the recent Bitcoin market still faces certain risks, especially after the meme coin craze cooled down, the overall market performance is still sluggish. The report pointed out that although the market environment has warmed up, the price of Bitcoin has failed to usher in a significant breakthrough, indicating that the current market lacks strong driving force. In addition, the US economic data is slightly better than expected, but the uncertainty surrounding the Fed's policy still affects market sentiment, and the implementation time of the loose policy is still uncertain. In terms of the Solana ecosystem, the meme coin market has entered a consolidation period, and the automated market maker (AMM) liquidity provider Raydium has fallen 71% in the past week, and the Solana price has fallen 37% from its high. In addition, the trading heat of the Solana ecological decentralized trading platform Pump.fun has also declined, and the market revenue has fallen to US$582 million in the past week. Matrixport also emphasized that there are still structural risks in the Bitcoin market, and the market's attitude towards US economic policies, global liquidity conditions, and the market's preference for risky assets are still key factors in future trends.