CoinWorld News - 10x Research posted an analysis on the X platform indicating that Bitcoin's price has been rising slowly in recent periods, with unusual changes emerging in on-chain and derivatives market capital flows. Over the past week, funding rates, capital flows, and multiple key risk indicators have all shown significant adjustments, indicating that current market movements are driven more by position structures and market positioning. 10x Research's analysis suggests that while markets are sometimes dominated by fundamentals, technicals, or macro factors, systematic tracking of market structure and position changes can often reveal the price "path of least resistance." Currently, position changes in Ethereum and Bitcoin may drive key options trading for the next round of price action, which could gradually form critical price competition zones before the end of March.