10x Research: It is expected that there will be macroeconomic benefits next week, but in the medium term, it is not an important buying opportunity

ChainCatcher news, 10x Research indicates that its initial Bitcoin downside target of $55,000 has been reached. Bitcoin appears to be oversold in the short term and may experience a rebound, with macroeconomic positives expected next week.

Additionally, the SEC may approve an Ethereum ETF, which could have a positive impact in the short term. However, in the medium term, they believe this is not a significant buying opportunity.