According to ChainCatcher, 10x Research published an article on the X platform stating that two months ago, 10x Research expressed the view that after the Bitcoin halving, the crypto market will enter a downward period rather than an upward period, and some data indicators are currently confirming this judgment.
From the beginning of this year to the halving, $42 billion (liquidity) flowed into the crypto market. However, since the halving, the inflow of stablecoins has almost zero growth, and the leverage of Bitcoin futures has also dropped significantly.
