According to BlockBeats, on May 1, 10x Research officially posted on social media that the agency had accurately predicted three major corrections in this round of bull market. However, this adjustment is different from the past because institutional investors have different risk management methods than most retail traders.
10x Research estimates that the average entry price for U.S. Bitcoin ETF holders is around $57,300, or possibly 1-2% higher, and Bitcoin prices are currently approaching that level.
