10x Research: The market is entering a critical turning point, with models favoring an altcoin season
Odaily reported that 10x Research released a market analysis indicating that bitcoin is currently maintaining a key support level, but altcoins have gradually taken the lead, creating a risk of position misallocation in the market.
The analysis stated that the market is at a critical turning point, and trading profits now rely more on tactical position adjustments rather than simply directional judgment. The model shows that, with bitcoin dominance declining, altcoins are expected to perform better.
The report also pointed out that the pressure from token unlocks has eased and low trading volumes reflect limited selling pressure, providing some support to the market. Meanwhile, bitcoin faces macroeconomic pressure and ETF outflows, while ethereum is supported by institutional accumulation and structural upgrades.
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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