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10x Research: The crypto market ushered in a capital inflow of $3.3 billion last week, and the market sentiment turned from bearish to bullish.

Mars Finance reported that 10x Research said in its latest market analysis that Bitcoin is often affected by changing narratives, rumors and speculations, and its value can be quickly adjusted according to new information. Bitcoin has risen sharply by 10% since last Friday. The initial rebound, which seemed to be oversold, evolved into a breakthrough from a clear downward trend. Our key level ($61,133) has been surpassed, indicating that the market sentiment has shifted from bearish to bullish. Weekend rebounds are usually driven by retail trading and market positive sentiment. Last Monday, several positive factors maintained the momentum of Bitcoin. After a total of $8 billion in net liquidity outflows for four weeks, the crypto market ushered in $3.3 billion inflows last week.