10xResearch: Bitcoin transactions have declined significantly and market structures are facing transformation

10xResearch reported that the recent sharp decline in bitcoin trade had fallen to the low of its inauguration and after the October collapse, and that the current price volatility had narrowed to the tightest zone in months, a situation that would normally not last long. The fluidity of options shows a shift in market confidence and traders have begun to adjust their strategies. Although ETF inflows remain weak and stable currency outflows continue, micro-strategy companies, once the most reliable buyer in the market, have been sold for four consecutive weeks. The launch of the secure market on Sunday/Monday will analyse the data points that drive market structure, financial flows and positioning this week, and explore the factors that may change market narratives, taking into account macro-level background and technical aspects。