Bitcoin prices recently retreated to the $106,000-$108,000 range after previously breaching that level, and this development has prompted Matrixport, a crypto financial services firm, to express greater caution. The firm attributes this recent downturn to seasonal market weakness, which began in July. Matrixport anticipates further volatility as the U.S. employment report releases later this week. This report, which will influence Federal Reserve policy expectations and market behavior, could lead to further price fluctuations. Notably, Matrixport suggests that this correction may not be over and warns of more potential declines despite Bitcoin’s recent surge.