Hashi Chain News reports that on March 21, 10x Research published an analysis on platform X, indicating that the cryptocurrency market is at a critical turning point. Despite Bitcoin maintaining its support level, altcoins have quietly begun to dominate the market. Misalignment in market positions may lead to frequent failures of the "buy on dips" strategy. Specifically, Ethereum may be supported by institutional accumulation and structural upgrades; Solana benefits from ETF fund inflows; XRP is supported by retail demand and application expansion; BNB faces short-term pressure but has long-term advantages from RWA development; TRON is driven by growth in payment applications, increased stablecoin usage, and whale accumulation. At this stage, returns will depend more on tactical position management rather than directional judgment. As Bitcoin's dominance declines, the strategy has shifted to favor altcoins that can stabilize at key levels, seizing opportunities in high-risk market conditions. In a bear market environment, emphasis should be on short-term momentum trading rather than blind bottom fishing. The current easing of token unlock pressure and low trading volume indicate limited selling pressure, supporting the overall resilience of the market.
Article