10x Research: On-chain capital flows and position changes may drive bitcoin's next round of price volatility
Odaily reported that 10x Research posted an analysis on X, pointing out that bitcoin's price has been steadily rising recently, and there are unusual changes in capital flows both on-chain and in the derivatives market. Over the past week, funding rates, capital flows, and several key risk indicators have undergone significant adjustments, indicating that the current market trend is more driven by position structure and market positioning. 10x Research believes that sometimes the market is dominated by fundamentals, technicals, or macro factors, but systematic tracking of market structure and position changes often reveals the "path of least resistance" for prices. Currently, position changes in ethereum and bitcoin may drive the next round of key options trading, which could gradually form a crucial price game zone before the end of March.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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