Why does 10x Research think the altcoin rally is weakening?

10x Research said trading volumes across altcoins are falling and many tokens are failing to break above key technical resistance levels. Analysts believe the broader market still remains heavily focused on Bitcoin.

What technical signal is 10x Research watching for altcoins?

The firm highlighted the 30-day moving average as a critical technical level for altcoins. Analysts warned traders to consider closing long positions if prices fall below that threshold.

Why is Bitcoin dominance important for altcoins?

When Bitcoin dominates trading activity, capital often flows away from smaller cryptocurrencies into BTC. Rising Bitcoin dominance can make it harder for altcoins to sustain rallies independently.

Which altcoins did 10x Research view positively?

10x Research identified BNB and TRON as relatively stronger performers. Analysts cited ETF-related developments, treasury accumulation and exchange-related catalysts as supportive factors.

Why is BNB attracting attention right now?

The firm pointed to Grayscale’s ETF application involving BNB, Coinbase roadmap inclusion and tokenised equity narratives as positive developments. These catalysts may improve investor sentiment and institutional visibility around BNB.

What is supporting TRON’s TRX token?

10x Research said aggressive treasury purchases and the launch of the MOEXTRX index by the Moscow Exchange were important catalysts for TRX. The developments suggest growing institutional and regional market interest in the token.

Why did 10x Research warn about HYPE?

Hyperliquid fell about 9.9% after its ETF launch, which analysts described as a classic “buy the news, sell the event” reaction. This happens when traders take profits after a major anticipated catalyst becomes official.

Why are analysts cautious on Ethereum and other altcoins?

The report warned that short-term profit-taking pressure is increasing across several major altcoins including Ethereum, HYPE, TRUMP and Maker-related assets. Weak momentum and declining volumes may increase volatility risks.

10x Research warns altcoin rally is losing momentum

Written by Brie CarterPublished May. 15 2026Last Updated May. 15 2026

10x Research warned that momentum across the altcoin market has started weakening as Bitcoin continues dominating overall crypto trading activity.

The research firm said trading volumes across alternative cryptocurrencies were declining again and noted that many tokens were struggling to break above their 30-day moving averages, a key technical resistance level.

Analysts said the broader altcoin rally had failed to produce a strong breakout and advised traders to close long positions if prices fall below the 30-day moving average threshold.

10x Research identified BNB and TRON as two altcoins showing relative strength due to catalysts including ETF-related developments, exchange listings and treasury accumulation activity.

The firm pointed to Grayscale’s ETF application involving BNB, Coinbase’s roadmap inclusion and tokenised equity narratives as positive drivers supporting BNB.

For TRX, analysts cited aggressive treasury purchases and the launch of the MOEXTRX index by the Moscow Exchange as notable developments supporting the token.

The report also warned investors to remain cautious around Ethereum, Hyperliquid, TRUMP and Maker-related assets amid signs of short-term profit-taking and increased volatility.

10x Research specifically highlighted HYPE’s recent 9.9% decline following its ETF launch as an example of a “buy the news, sell the event” market reaction.

At the time of reporting, Bitcoin price was $80,834.31.