Cryptocurrency research firm 10xResearch has released its latest market analysis report, stating that the price of Bitcoin has rebounded after a sharp decline last week, as expected by its market update on Monday. At present, the price of Bitcoin has risen by 6%, reaching $57600, close to the previously predicted target of $58000. 10xResearch emphasizes that in the current environment lacking a clear bull market, Bitcoin trading has become more challenging. On chain analysis shows that the bull market cycle has shortened, but there are still opportunities for disciplined traders who can accurately predict macro events and adapt to the constantly changing Bitcoin market structure. The institution stated that the rebound forecast is based on three key factors: extreme bearish sentiment, recovery of reversal indicators, and the upcoming tactical catalyst. @rud