TechFlow News, June 16: 10x Research released a report stating that the top-10 cryptocurrencies by market capitalization have continuously shifted over the past decade. Holding altcoins long-term is not the optimal strategy; momentum trading is more critical. A bullish stance may be maintained if an altcoin trades above its 6-month or 12-month moving average; once it falls below, positions should be reduced decisively. Using a dual-screening framework grounded in fundamental catalysts and risk management, the firm has currently identified six altcoins exhibiting strong bullish catalysts and meeting risk-management criteria. Historical data indicates such selectively curated portfolios are likely to significantly outperform Bitcoin.
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