10xResearch: First pressure test in Bitcoin Cow

According to 10xResearch, bitcoin has risen by more than 20 per cent over the past week, regaining a level that has not been seen for months, but the volume of transactions is weakening, and the flow of options has shifted from one to the next, reaching an emotional index of 94 per cent. At the same time, Federal Reserve Officer Waller, in his statement on 3 September, will decide whether the market will start pricing interest increases a few days before the FOMC meeting. The agency will analyse the data, assess the real risks this week and share its market positioning. The encryption market launch on Sunday/Monday will discuss data points that drive market structures, liquidity and positioning, combining macro background and technical aspects, to help investors prepare for the next few days。