10x Research: Altcoin Momentum Stalls as BTC Continues to Dominate the Market
Source：
x.com
10x Research notes that altcoin momentum has already shown signs of slowing during its initial upward move. BTC remains dominant in the market, trading volume has declined again, and altcoins have stalled at their 30-day moving averages—failing to break through convincingly; a breakdown below this level would warrant exiting long positions. Currently favorable trading candidates include BNB, driven by Grayscale’s ETF application, Coinbase’s roadmap, and the tokenized equities narrative; TRX is supported by Tron Inc.’s aggressive reserve accumulation and the Moscow Exchange’s launch of the MOEXTRX index. Meanwhile, SUI and ONDO may face increased profit-taking, while TON is encountering security and trust concerns following Telegram’s removal of high-profile accounts. 10x Research also highlights three key catalysts for this week: the CLARITY Act hearing, Powell’s transition to Warsh, and the CPI/PPI data releases.
