10x Research: Token Rebound Partially Driven by Spot, Altcoin Performance May Outperform Bitcoin Going Forward

BlockBeats News, December 10th, 10x Research posted on social media indicating that Bitcoin's dominance is on the decline, while fresh liquidity is re-entering the market. This turning point often heralds the altcoins taking the lead. After the model continued to show a BTC preference for almost three months, the latest signal points to a potential shift in market performance. The continued inflow of stablecoins is quietly rebuilding the fund base for risk appetite, although the trading volume remains below peak cycle levels.

The rebound of some tokens is being primarily driven by spot rather than leverage, indicating that this round of rotation is healthier compared to the previous false starts. Meanwhile, platforms with active perpetual contract trading continue to lag, suggesting that overleveraged positions are being liquidated in these areas. If this turnaround is genuine, then the strongest performers may not be the ones with the loudest hype but rather those assets that have been quietly accumulating in the shadows.