PANews, October 23 - According to Decrypt, 10x Research stated in a report: "We believe the market needs time to digest the higher bond yields before Bitcoin can resume its upward trend, rather than being overly pessimistic." They emphasized that despite the financing rates for Bitcoin and Ethereum rising to 10%, spot prices have lagged, and retail participation remains sluggish. "We hope to see multiple indicators align to confirm bullish momentum, but this is not a major issue. The market may just need a few days to absorb these factors." Additionally, the total inflow of stablecoins has been the main driver of liquidity this year. 10x Research noted: "Since the launch of the Bitcoin spot ETF, stablecoin inflows have reached $36 billion, and liquidity remains strong." They emphasized that these inflows continue to exert upward pressure on Bitcoin prices.