Coinbase Says the Crypto Market Has Hit ‘Reset’—And December Could Be the Turning Point
Coinbase's latest report indicates the crypto market has undergone a significant "reset" after two months of bearish pressure, with institutional speculation declining from 10% in November to around 4-5% currently—a level the exchange considers stable. Key metrics show reduced leverage, lower open interest in BTC/ETH/SOL perpetual futures, and substantial outflows from U.S. spot Bitcoin and Ethereum ETFs.
Historically, December has been a bullish month for crypto, averaging 25% returns during bull markets. While 2025 has defied seasonal trends so far, Coinbase suggests the market’s cleaner structure—with fewer leveraged positions—could set the stage for a potential recovery. Factors like a possible Fed rate cut, ETF rebalancing, and new altcoin ETF launches may support a rebound, though macro uncertainties remain.
ccn.com12/10 08:31