The post Bitcoin Sell-Off Sparks Bear-Market Panic appeared on BitcoinEthereumNews.com. Bitcoin The mood across the crypto market has flipped dramatically, and Bitcoin’s latest slump has triggered a chorus of predictions that a new bear market has arrived. Key Takeaways: Traders are loudly bearish, yet most are still holding long positions rather than rotating to shorts. 10x Research says crowded positioning, not sentiment, is what usually creates major opportunities. The Coinbase volatility trade from early November has fully played out, and new setups are now forming elsewhere. Yet according to new analysis from 10x Research, the majority of traders calling for further downside aren’t actually positioned for it — and that disconnect may become the most important catalyst in the weeks ahead. The report notes that despite the louder bearish commentary, positioning has barely changed. Most market participants have remained long throughout the recent downturn and are now coping with mounting losses rather than rotating into short or neutral exposure. That mismatch, 10x suggests, is usually where real opportunities begin to surface. Complacency Is What Hurts Traders — Not Bear Markets 10x Research points out that narratives like “three years up, one year down” tend to resurface whenever Bitcoin stumbles, but the market’s history shows that inflection points rarely align with consensus expectations. The research firm stresses that tactical positioning and structural macro opinion are two different things — and when too many people think the same way while holding the opposite trade, risk–reward dynamics shift fast. Their own October call to turn bearish is highlighted as an example of how sentiment can become too comfortable. Back then, implied volatility on Coinbase surged following earnings, presenting what 10x characterized as an almost one-sided opportunity: sell volatility and collect roughly 5% into mid-December 2025 as long as Coinbase stayed under $390. Everyone’s Talking About a Bitcoin Bear Market — Smart Traders See… The post Bitcoin Sell-Off Sparks Bear-Market Panic appeared on BitcoinEthereumNews.com. Bitcoin The mood across the crypto market has flipped dramatically, and Bitcoin’s latest slump has triggered a chorus of predictions that a new bear market has arrived. Key Takeaways: Traders are loudly bearish, yet most are still holding long positions rather than rotating to shorts. 10x Research says crowded positioning, not sentiment, is what usually creates major opportunities. The Coinbase volatility trade from early November has fully played out, and new setups are now forming elsewhere. Yet according to new analysis from 10x Research, the majority of traders calling for further downside aren’t actually positioned for it — and that disconnect may become the most important catalyst in the weeks ahead. The report notes that despite the louder bearish commentary, positioning has barely changed. Most market participants have remained long throughout the recent downturn and are now coping with mounting losses rather than rotating into short or neutral exposure. That mismatch, 10x suggests, is usually where real opportunities begin to surface. Complacency Is What Hurts Traders — Not Bear Markets 10x Research points out that narratives like “three years up, one year down” tend to resurface whenever Bitcoin stumbles, but the market’s history shows that inflection points rarely align with consensus expectations. The research firm stresses that tactical positioning and structural macro opinion are two different things — and when too many people think the same way while holding the opposite trade, risk–reward dynamics shift fast. Their own October call to turn bearish is highlighted as an example of how sentiment can become too comfortable. Back then, implied volatility on Coinbase surged following earnings, presenting what 10x characterized as an almost one-sided opportunity: sell volatility and collect roughly 5% into mid-December 2025 as long as Coinbase stayed under $390. Everyone’s Talking About a Bitcoin Bear Market — Smart Traders See…