10x Research: Bitcoin's Short-Term Rebound Still Requires Caution Against Bear Trap Risks

Odaily News 10x Research released its latest analysis, pointing out that Bitcoin's current price action requires distinguishing between short-term tactical structures and medium-term trend contexts. The report states that although some trading opportunities are emerging, the market still needs to comprehensively evaluate the risk-reward ratio based on positioning, volatility, ETF fund flows, and technical indicators to avoid misjudging a phased rebound as a trend reversal.

The report also mentioned its previous trading strategy around Circle, which achieved approximately a 55% return within 10 days. 10xResearch indicated that it will determine whether the current price action is part of a bottom-building process or a rebound within a larger correction phase by analyzing derivatives positioning, volatility structures, and fund flow data.