Coin界网 news: 10x Research posted analysis on the X platform pointing out that Bitcoin's price has been rising slowly in recent times, with unusual changes appearing in capital flows across on-chain and derivatives markets. Over the past week, funding rates, capital flows, and multiple key risk indicators have all shown significant adjustments, indicating that current market movements are more driven by position structures and market positioning. 10x Research's analysis suggests that while markets are sometimes dominated by fundamentals, technicals, or macro factors, systematic tracking of market structures and position changes can often reveal the "path of least resistance" for prices. Currently, position changes in Ethereum and Bitcoin may drive key options trades in the next round of market movements, potentially gradually forming critical price competition zones before the end of March.