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10x Research: Market Faces Multiple Challenges, Doubts Persist on BTC and ETH Rebound Sustainability
Summary: According to a recent report by 10x Research, the current market is facing challenges of compressed volatility, seasonal weakness, and a lack of macro drivers, casting doubt on the sustainability of this rebound. Trump's recent expansion of 401(k) accounts to include access to cryptocurrencies and his push for gold attention may change market sentiment, but ...
According to a recent report by 10x Research, the current market is facing challenges of compressed volatility, seasonal weakness, and a lack of macro drivers, casting doubt on the sustainability of this rebound. Trump's recent expansion of 401(k) accounts to include access to cryptocurrencies and his push for gold attention may change market sentiment, but the current market reaction is relatively subdued. Meanwhile, despite Ethereum showing record address activity and price increases, it is more driven by narratives rather than fundamental support. Both assets are at critical technical boundaries, with future momentum potentially accelerating or significantly stalling.
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Link: 10x Research: Market Faces Multiple Challenges, Doubts Persist on BTC and ETH Rebound Sustainability [Copy]
