ChainCatcher news, Matrixport released a weekly report stating that the outlook for Bitcoin in the fourth quarter is optimistic, currently in the mid-third quarter and facing challenges.The report points out that the recent momentum of Bitcoin prices has weakened, and the trading environment may experience a prolonged period of weakness for several weeks. However, from a technical analysis perspective, the trading range of Bitcoin is narrowing, indicating an impending breakout from the consolidation phase. Expectations of interest rate cuts by the Federal Reserve and the results of the U.S. presidential election could provide a boost for Bitcoin.Federal Reserve Chairman Powell stated that if inflation develops as expected, a decision to cut interest rates may be made at the September meeting. The current interest rate is 5.25%, and the inflation rate is 3.0%, with the difference reflecting the Federal Reserve's restrictive policy. This suggests a significant rate cut may occur within the next 12 months, providing liquidity and stimulus for risk assets like Bitcoin.The report also mentions that August typically performs steadily, while September may enter a weak period due to factors such as low trading volumes during the summer holiday and the market's wait-and-see attitude towards autumn economic indicators and central bank policies. Additionally, if Trump wins, his administration may adopt more favorable regulatory policies for crypto assets, thereby reducing uncertainty and promoting innovation.