10x Research released a market analysis indicating that while Bitcoin is currently maintaining a key support level, altcoins have gradually gained dominance, leading to a risk of position mismatch in the market. The analysis states that the market is currently at a critical inflection point, with trading profits relying more on tactical position adjustments than simple directional judgments. The model shows that altcoins are more likely to perform well given Bitcoin's declining dominance. The report also points out that reduced token unlocking pressure and low trading volume reflect limited selling pressure, providing some support to the market. Meanwhile, Bitcoin faces macroeconomic pressures and ETF outflows, while Ethereum is supported by institutional buying and structural upgrades.