🤖AI Summary
Bitcoin's recent decline is showing signs of slowing according to analysts, though the overall bear market trend remains intact. 10x Research notes that compressed volatility, strengthening ETF flows, and reduced Coinbase discount suggest the market may not be accelerating into further losses.
Key Takeaways
- →Bitcoin's downward slide is showing signs of deceleration according to market analysts.
- →Compressed volatility indicates reduced market uncertainty and panic selling pressure.
- →Strengthening ETF flows suggest institutional demand may be stabilizing.
- →The diminished Coinbase discount reflects improved market structure and reduced selling pressure.
- →Despite the slowdown, analysts maintain that the overall bear market remains in effect.
Read Original →via CoinTelegraph
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