According to Mars Finance, 10x Research published an article on its X platform stating that in the past 72 hours, gold, silver, and BTC have experienced significant price declines due to insider-driven repricing, macroeconomic shocks, and forced liquidations. 10x Research points out that BTC is approaching strong support. Currently, the market is in a phase of changing risk-reward ratios and reduced volatility, and 10x Research has proposed tactical position building strategies for a potential rebound.
10x Research: BTC is nearing strong support; pre-market crash protection is overestimated.
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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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