10x Research: Three market reversal indicators have turned bullish, and Biden's persistence in the campaign has driven Bitcoin up

10x Research said in its latest market analysis report that three market reversal indicators have turned bullish, including Bitcoin being severely oversold, the approval of the Ethereum ETF was delayed until around July 8, delaying the date of "sell the news", and Biden's performance in the presidential debate also provided support for Bitcoin. Bitcoin rose 4% as US President Biden refused to allow other Democratic candidates to compete with former President Trump. Biden's family is reportedly supporting his re-election campaign, as is every Republican, as Biden's chances of defeating Trump in the November election seem slim. Polls show that even if Biden withdraws from the race soon, another candidate, such as California Governor Gavin Newson, will lose to Trump. Under his management, California has become a poorly managed state. Many technology companies have left California; crime is rampant, and the number of homeless people has surged, making American voters unlikely to elect candidates from the state.