10x Research: Bitcoin trend model turns bearish, key bullish-bearish dividing line is $76,088
ME News Report, May 25 (UTC+8), 10x Research states that the Bitcoin trend model has turned bearish, with the main support level set at $76,088. MicroStrategy's "never sell" strategy may change, as Saylor hints at possibly selling part of the company's 843,000 Bitcoins. Since May 7, Bitcoin ETFs have experienced a net outflow of $2.7 billion. At the same time, Ethereum's market share has fallen below 10% for the first time since July 2025, and Bitmine shareholders lost $8 billion betting against Ethereum. 10x Research also mentioned that the market has a bias in pricing the impact of inflation on Bitcoin returns, and currently, the implied volatility of both Bitcoin and Ethereum is at a historic low.