10x Research: Most traders are still on the sidelines, early Bitcoin bulls are leading by about 10%

10x Research stated that although btc-42">Bitcoin trading volume remains low and funding rates are negative, some early traders have already positioned themselves and achieved about a 10% return. They believe that many traders are still waiting for macro catalysts or think that the bear market has not yet ended, but this misunderstands how the Bitcoin market operates. "The end of a bear market is often not triggered by a single piece of news, but rather by improvements in indicators, changes in risk-reward, and the fact that most participants have not yet entered."

10x Research indicated that they turned bullish a month ago. Although market sentiment has improved somewhat, position follow-up is still insufficient. They also remind that there are still risks in the current market, and reasonable hedging and position management remain important.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.