In crypto history, Q3 every year is basically dead time, and price action typically turns into wide-range consolidation.

On the macro level, Q3 is usually a period of policy wait-and-see: the policies from the first half have already run for a while, and they assess how things turn out; the policy direction in the second half also needs to be observed for some time before being implemented.
On the micro level, if there is usually a market trend, it’s generally in the first half: it runs for a bit, and after that, the market will need to figure out how it should move next—entering a period of competition.