On May 3, 10xResearch posted on social media that when Bitcoin undergoes triangular consolidation, investors should pay attention to potential "false break" price behavior. Bitcoin's relative strength has fallen back to a low of 40% in this adjustment, which is quite similar to Bitcoin's three adjustments since the beginning of 2023.

10xResearch said that the agency is re-dividing its "bull-bear boundary price line" and may change its previous views