10x Research: Bitcoin May Face a Critical $60,000 Level Test

Crypto research institution 10x Research stated on X that factors such as upcoming bitcoin options expirations and concentrated market positions may determine whether the $60,000 level can be maintained or breached in the coming days. The analysis pointed out that the market has not priced in "tail risks," but is instead positioning around "scenarios that are currently unfolding." The current environment is pushing risk assets into a consolidation phase. Position structure, policy uncertainty, and volatility dynamics may impact the market. Market participants need to remain patient and maintain realistic expectations, emphasizing that in the current environment, "preparation" is more important than "prediction."