Gate News bot message, 10x Research released a market analysis report outlining 10 bearish signals that Bitcoin long positions are currently ignoring, which mentions:
Since April, Bitcoin’s strong rebound has attracted numerous investors, but there are signs that the engine behind this rise may be running out of steam. Although the price trend remains strong, some key momentum indicators are issuing warnings.
The capital inflow from institutional buyers such as ETFs and MicroStrategy seems to be slowing down, while volatility is decreasing and retail investor interest is gradually waning.
Surprisingly, Asia has become the main driving force behind the rise in Bitcoin prices, but this narrow buying window may not last forever.
With the increasing optimism in the market and the continuous rise in valuations, is this truly the calm before the storm, or just a summer respite?