Bitcoin Market Alert! 10x Research Warns: Weakening Momentum, South Korean Trading Volume Plummets
🚨 The market has entered the 'Death Zone': 10x Research issues a shocking warning, stating that the current state of the Bitcoin market is comparable to the 'Death Zone' when climbing Mount Everest, with risks surging and a critical moment at hand!
📉 Weakening momentum signal: Although the peak of Bitcoin has not yet arrived, multiple indicators have quietly lit up red lights, showing that market momentum is gradually dissipating. Investors must remain highly vigilant to avoid falling into difficulties!
📈 Price fluctuation dilemma: Over the past two weeks, Bitcoin's price has been like a trapped beast, lingering within a narrow range. Last week, it touched both the upper and lower limits of the range before returning to the midpoint, forming a Doji pattern, clearly reflecting the market's hesitation.
🔍 The intertwining of history and the future: The Doji pattern has historically indicated a continuation of the trend after a short-term adjustment, but combined with current on-chain data and market structure analysis, the future trajectory remains shrouded in heavy fog, with increased uncertainty.
🇰🇷 South Korean trading volume plummets: Even more shocking is that South Korea's cryptocurrency trading volume has plummeted from a peak of $25 billion to $6.7 billion, with market activity dropping sharply, creating a chilling atmosphere!
🔔 Urgent call: In the face of such a severe market situation, investors must remain calm, closely monitor market dynamics, and adjust strategies in a timely manner to cope with potential risks and challenges!