10xResearch: Bitcoin bull market faces its first stress test
2026-08-31 08:58:39
According to CoinMeta, 10xResearch states that Bitcoin has risen by over 20% in the past week, regaining levels not seen in several months. However, trading volume is weakening, option sentiment has shifted from bullish to bearish, and the sentiment index has reached 94%. Meanwhile, Federal Reserve official Jerome Powell will decide in his speech on September 3 whether the market will start pricing in interest rate hikes a few days before the FOMC meeting. The firm will analyze data, assess the real risks of the week, and share its market outlook. The crypto market analysis on Sunday/Monday will discuss data points that influence market structure, liquidity, and positioning, taking into account both macroeconomic context and technical aspects to help investors prepare for the coming days.
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Source:X
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