[10x Research: Bitcoin Trend Model Turns Bearish, Key Bull-Bear Threshold at $76,088] Deep Tide TechFlow reports that on May 25, 10x Research stated that the Bitcoin trend model has turned bearish, with the current key bull-bear threshold set at $76,088. It noted that the MicroStrategy 'never sell' narrative is weakening, as Saylor hinted that the company might sell part of its 843,000 BTC holdings in the future. Since May 7, this has driven a net outflow of $2.7 billion from Bitcoin ETFs. Meanwhile, Ethereum's market share has fallen below 10% for the first time since July 2025, and Bitmine shareholders have incurred $8 billion in losses due to ETH staking. 10x Research also pointed out that the market is mispricing the impact of inflation on Bitcoin returns, with the implied volatility of both Bitcoin and Ethereum currently at historic lows.