10x Research points out that Bitcoin is currently in a minor bear market, with $90,000 being a key pivot level. According to multiple indicators, Bitcoin is experiencing a short-term rebound, providing profit opportunities for investors during a broader consolidation phase. The FOMC meeting was slightly dovish as expected.

PANews reported on March 20 that 10x Research published an article on the X platform saying: "According to multiple indicators, Bitcoin is currently in a small bear market. As we have previously emphasized, $90,000 is a key pivot level. The recent trend is a short-term counter-trend rebound, providing an opportunity to profit in this broader consolidation phase. As we expected, the FOMC meeting was slightly dovish."

10x Research: Analysis of the Bitcoin Mini Bear Market and Key Pivot Levels