10x Research: The market faces multiple challenges, and the sustainability of the BTC and ETH rebound is in doubt

ChainCatcher news, according to the latest report from 10x Research, the current market is facing challenges of compressed volatility, seasonal weakness, and a lack of macro drivers, raising doubts about the sustainability of this rebound.

Trump's recent move to expand access to cryptocurrencies in 401(k) accounts and promote interest in gold may change market sentiment, but the current market reaction has been relatively muted. Meanwhile, although Ethereum shows record address activity and price increases, this is more driven by narrative rather than fundamental support. Both assets are at critical technical boundaries, and future momentum may accelerate or significantly stagnate.