10x Research Director: Stablecoin minting indicators have not yet returned to high activity levels, investors should remain cautious

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According to ChainCatcher and Cointelegraph, Markus Thielen, Research Director at 10x Research, warns investors to remain cautious as stablecoin minting indicators have not yet returned to high activity levels, which could affect the sustainability of the current rebound.

Analysts point out that $95,000 is a key resistance level for Bitcoin, and if market uncertainty continues to decrease, Bitcoin may be poised to break through the $100,000 mark.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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