10xResearch: Bitcoin trend remains intact, but funds are flowing out
2026-10-12 07:59:53
According to CoinMeta, a 10xResearch report states that Bitcoin's current trend remains above its May highs, and the Federal Reserve has largely ruled out the possibility of a rate hike in October, which seems like good news on the surface. However, the supply of stablecoins is decreasing, and funds are flowing out of ETF. The fees paid by option traders for downside protection have reached their highest levels since the rebound in August. The situation for Ethereum is even worse; its ETF has seen capital outflows for nine consecutive days, and the sentiment index has dropped from 78% to 32% within a week. The report also analyzes capital flows and option positioning for the next two weeks, highlights the key levels to watch, and provides guidance on how to position oneself accordingly. The weekly Sunday/Monday kick-off meetings will cover this week's market structure, the data behind capital flows and positioning, as well as the macroeconomic backdrop and technical levels that could change the situation.
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