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#SUI's fair value is closer to 2.20 (vs. 1.91) based on TVL. There is a 10% upside just because TVL keeps ramping higher.
read more here: https://mail.10xresearch.co/
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#SUI
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Bitcoin Bottom Forming? Fed Eases, Trump Softens Tariffs, Altcoins Break Out? 👇1-13) We anticipated a deeper correction after Bitcoin broke below $95,000, confirming the breakdown from its ascending broadening wedge. However, over the past week, we’ve adopted a more constructive outlook as increasing technical indicators have begun aligning with a potential recovery. 👇2-13) As we highlighted in our March 15 report, Bitcoin is attempting to form a bottom, supported by Trump’s recent shift toward “flexibility” on the upcoming April 2 reciprocal tariffs, softening his earlier rhetoric. Our March 17 report also noted a mildly more constructive outlook following a CPI release that helped ease inflation concerns. The FOMC meeting unfolded in line with our expectations, as the Fed signaled it might look past short-term inflationary pressures, laying the groundwork for potential future easing—precisely as we had anticipated. 👇3-13) Since our March 17 report, “HYPE Reloaded: Is the Dip a New Entry Point?”, Hyperliquid’s HYPE token has climbed +21%, proving that selective opportunities still exist despite overall trading volumes slipping into a typical summer lull as the market awaits its next catalyst. This mirrors the sentiment we observed in September 2024, when traders grew indifferent, but our models correctly identified an impending breakout by closely tracking market dynamics. 👇4-13) Even in quieter markets like today, such an approach helps uncover early signals, and we see several emerging developments that could act as meaningful catalysts in the coming months. Full report: https://mail.10xresearch.co/p/bitcoin-bottom-forming-fed-eases-trump-softens-tariffs-altcoins-break-out Want to see how we are trading this market? Follow us! Subscribe to our premium analysis and alerts at the link below: https://mail.10xresearch.co ------
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Major Crypto Drivers in the Weeks Ahead Want to see how we are trading this market? Follow us! Want to read the full report? https://mail.10xresearch.co/p/major-crypto-drivers-in-the-weeks-ahead-dc79 Subscribe to our premium analysis and alerts at the link below: https://mail.10xresearch.co ----
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Bitcoin Bear Market? Reassessing the evidence. 👇1-15) Unlike the prolonged 2021/2022 bear market, we now see a pattern of shorter, mini-bear cycles punctuated by sharp rallies. Our research’s value lies in clearly signaling when to adopt a bullish, bearish, or cautious outlook, guided by our disciplined investment framework. 👇2-15) This process integrates data-driven insights across on-chain metrics, market structure, macro trends, technical indicators, and more. We rely on trend signals as an independent tool to separate market reality from wishful thinking and alert us to potential trend shifts—an approach we believe adds significant value. 👇3-15) This is why we emphasized the importance of the $95,000 support level—once it broke, it triggered liquidations below $92,800 (average short-term holder entry price). This not only confirmed the Diamond Top formation (see our February 4 report, “Ethereum: Falling into the Abyss of Irrelevance”) but also activated the ascending broadening wedge breakdown (see our February 25 report, “Bitcoin: Textbook Correction?”), setting off a series of key bear market signals. Trying to catch short-term bottoms remains tempting, as there are opportunities to capitalize on quick gains. 👇4-15) Our call for caution heading into March/April 2024 was just as contrarian as our extremely bullish stance in late September 2024. While maintaining a bullish outlook leading up to Trump’s inauguration, we swiftly reversed that view as conditions changed. 👇5-15) However, Bitcoin’s recent decline stems from a different set of dynamics, raising the critical question: is the Bitcoin in a bear market? 👇6-15) Full report: https://mail.10xresearch.co/p/bitcoin-bear-market-reassessing-the-evidence Want to see how we are trading this market? Follow us! Subscribe to our premium analysis and alerts at the link below: https://mail.10xresearch.co ------
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HYPE Reloaded: Is the Dip a New Entry Point? 👇1-14) March has historically been a turning point for asset prices, and last year was no exception. While consensus remained bullish, we turned cautious in March 2024, correctly anticipating the start of an eight-month consolidation phase. Although we raised similar concerns in December, Bitcoin’s renewed attempt to break above $108k briefly signaled upside potential—until the structure collapsed amid Trump’s escalation of tariff rhetoric. The meme coin frenzy unraveled following the $TRUMP coin controversy, widely viewed as an insider-driven exit strategy targeting retail investors. 👇2-14) While the Fed has primarily sidestepped direct responsibility for the 10% decline in equities and Bitcoin’s 25% correction, its policy stance has undoubtedly been a key driver. Notably, as Bitcoin entered a prolonged consolidation in March, platforms like Pump. fun surged, fueling the meme coin craze. Although the chance is low, this week’s Fed meeting could prove pivotal. 👇3-14) Still, in the meantime, crypto markets are shifting focus to a new emerging trend: whale tracking on Hyperliquid, where traders are increasingly attempting to trigger liquidations on significant leveraged positions and volumes are gravitating to DEXs. The Hyperliquid token, HYPE, is actively traded across multiple exchanges—check live prices here. 👇4-14) Full report: https://mail.10xresearch.co/p/hype-reloaded-is-the-dip-a-new-entry-point… Want to see how we are trading this market? Follow us! Subscribe to our premium analysis and alerts at the link below: https://mail.10xresearch.co ---
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Trust Me Bro – Liquidity Will Erase Your Losses, or NOT? 👇1-16) The stakes are higher than ever. Savvy traders have been aggressively selling altcoins and shifting capital into Bitcoin, initially helping to stabilize its price and driving Bitcoin dominance back above 60% (see our January 14, 2025, report: ‘Are Smart Traders Hedging Bitcoin with Altcoin Shorts?’). However, over the past month, Bitcoin has also begun to decline, indicating a more profound shift in market dynamics beyond simple capital rotation. 👇2-16) Many have overlooked the impact of hedge fund basis trade unwinding, which has been a key factor in Bitcoin’s recent weakness (see our February 24, 2025, report: ‘Bitcoin & MicroStrategy: The New Favorite Assets for Hedge Funds’). As traders search for an explanation, many have turned their focus back to global money supply, attributing Bitcoin’s decline to a drop in liquidity—a narrative that, while convenient, may not fully capture the bigger picture. 👇3-16) While this data point offers a convenient narrative, our macro-quant analysis suggests it may be a false hope—an oversimplification of Bitcoin’s liquidity drivers. There is no consistent linear relationship between liquidity and Bitcoin, and contrary to popular belief, a different key driver is influencing price movements. Instead of focusing solely on the global money supply, traders should monitor a different, more precise liquidity metric to understand the fundamental forces at play. 👇4-11) Full report: https://mail.10xresearch.co/p/trust-me-bro-liquidity-will-erase-your-losses-or-not Want to see how we are trading this market? Follow us! Subscribe to our premium analysis and alerts at the link below: https://mail.10xresearch.co
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