A joint report by Coinbase Institutional and Glassnode analysts included important assessments regarding Bitcoin.
Coinbase and Glassnode reported in their report that Bitcoin has ‘gone through an increasingly stable, strong phase of resilience for Bitcoins (BTC) is now more resilient.
The consensus assessment has concluded that Bitcoin (BTC) and its market structure are’moving away from sudden price fluctuations into a more responsive structure to liquidity and the macroeconomic environment’.
The quarterly “Charting Crypto 1Q 2026” report by Coinbase and Glassnode, citing the fact that much of the excessive leverage in the Bitcoin market went away during the sharp correction in fourth quarter last year. Consequently, the risk of on-chain liquidation decreased, and Bitcoin and the market’s resilience to macroeconomic/external shocks increased.
The report said at this stage, after the sharp corrections and liquidations of the current Bitcoin trend, “the state is closer to a phase of stability and sustainability rather than speculative and sudden rises.”
But unlike high-risk cycle, the report says that “the effect on price formation will be more pronounced in retail investors, global liquidity conditions, institutional investor positions and portfolio adjustments.”
Healthier > “The Bitcoin and cryptocurrency market is booming in 2026” as it enters the world of bitcoin and crypto. In the fourth quarter, monetary policy is moving in a positive direction and the macroeconomic environment generally stable; excessive leverage within the system was removed from excessive leverage. ” , ‘I’m sure it is worth reading.
Also, the report noted that investor sentiment has shifted from optimism to caution since October last year, while unrealised profit and loss indicators indicate point is now in a correction phase.
The analysis was also interpreted as saying that Bitcoin is likely to remain in a “stuff” phase for some time, which has been marked by slower price discovery and ‘higher dependence on macroeconomic events’.
*This is not investment advice.
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