10x Research: Bitcoin Trading Volume Shrinks Significantly, Price Volatility Narrows to Multi-Month Lows

Odaily News: 10x Research's latest report indicates that Bitcoin trading volume has fallen to a fraction of what it was during the period following the US presidential inauguration and the October flash crash peak last year, while prices have entered one of the narrowest trading ranges in months. Historically, similar low-volatility states have rarely persisted for extended periods.

Additionally, options flows show that trader market confidence is shifting, and positions have begun to adjust. Bitcoin's implied volatility has also dropped to levels rarely seen outside of the summer lull, while ETF inflows remain weak and stablecoins continue to flow out of the crypto market. Strategy, once one of the market's most consistent buyers, has now been a seller for four consecutive weeks.