10x Research: Bitcoin will determine whether the $60,000 level will hold as support or break in the coming days

Odaily Planet Daily reports that 10x Research stated on the X platform that the dynamics of Bitcoin options expiration, political uncertainty, and concentrated positions are collectively influencing whether the $60,000 level will hold or break in the coming days. The market has not priced in tail event risks but is positioning based on a baseline scenario. Understanding the probabilities, capital flows, and incentive structures in this context is crucial, as when gamma turns negative and positions become crowded, price movements can far exceed fundamentals. The report reexamines how the current political landscape may drive risk assets to consolidate and emphasizes that recent major shifts could impact the market. Positioning, policy uncertainty, and volatility dynamics suggest the need for patience and realism. The report assesses whether $60,000 should be viewed as a tail risk or an increasingly plausible baseline scenario. In the current environment, preparation is more important than prediction, and understanding probabilities is key.