Bitcoin BTC/USD can’t catch a break, says 10x Research in their Tuesday rundown. They’re flagging a mini bear market—lousy signals, no juice, and zilch to lift it. They reckon it’s pinned between $73,000 and $94,000 unless a miracle shows up.

Bitcoin’s dipped below its $88,000 line, a big deal for 10x’s bull-bear check. It’s also under the 21-week average—bad news for the long haul. A pop to $88,500 didn’t stick, and $93,000 was a wall. Traders cashed out, piling on the hurt. “On-chain clues say mini bear market,” 10x wrote. No spark yet, no dice.

https://x.com/10x_Research/status/1906829959622254747?t=jaqbakjBsUIeYR8g3OnfrA&s=19

Everyone’s Playing It Safe

The market’s gone quiet. Funding rates are down—nobody’s jumping in. Retail’s licking wounds from meme coins like Trump TRUMP/USD after big losses. ETFs are leaking cash, two months running. Hedge funds bailed—low rates aren’t worth it. “No rate spike, no ETF comeback,” 10x said.

Fed cuts? September, maybe—data’s not budging. Trump’s Bitcoin Price predictions stash plan? Talk’s cheap, no push.

Bitcoin’s Got More Fight Than Others

Still, Bitcoin’s tougher than altcoins, which are sinking fast per 10x’s cap-dominance mix. Tron TRX/USD and Toncoin TON/USD are holding up—maybe some global luck.

Bitcoin’s stuck though, $73,000 to $94,000. “It’s a wobbly setup,” 10x cautioned. They’re eyeing options sales—puts down low, calls up top—to work it.