Matrixport: After clearing derivatives leverage, a new round of market may begin in 2026 or on a more stable foundation

BTC-1,5%
ETH-3,67%

Odaily Planet Daily reports that the latest charts and analysis released by Matrixport indicate that after a large-scale deleveraging in the derivatives market, the crypto market may be laying a more solid foundation for the 2026 trend. The analysis shows that since the October 2025 cyclical peak, the unrealized futures contracts for BTC and ETH have been deleveraged by nearly 30 billion USD. Operating in a lighter position and with lower leverage in the new year, this helps the market return to a relatively balanced price rhythm. Matrixport believes that as crowded trading gradually subsides and speculative excess cools down significantly, the price movements of Bitcoin and other cryptocurrencies may become more aligned with fundamental trends, and the upside potential is also expected to open up.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin at $81,848 Would Trigger $1.56B in Short Liquidations on Major CEXs

Gate News message, April 23 — According to Coinglass data, if Bitcoin breaks above $81,848, cumulative short liquidations across major centralized exchanges would reach $1.56 billion. Conversely, if BTC drops below $74,105, cumulative long liquidations would total $1.428 billion.

GateNews33m ago

Bitcoin Futures Open Interest Declines 5.74% in 24 Hours, Total Positions at $60.08B

Gate News message, April 23 — According to Coinglass data, Bitcoin futures open interest across all exchanges fell 5.74% over the past 24 hours, with total positions now standing at $60.08 billion. Among major platforms, a leading CEX

GateNews2h ago

Bitcoin and Ethereum Options Worth $98.7B Set to Expire

Gate News message, April 23 — Bitcoin and Ethereum options with a combined notional value of $98.7 billion are set to expire this month. According to on-chain data, 109,000 BTC options will expire with a put-call ratio of 0.93 and a maximum pain point of $72,000, representing a notional value of $85

GateNews2h ago

Morgan Stanley Purchases 143.34 BTC Worth $11.17 Million

Gate News message, Morgan Stanley bought 143.34 BTC worth $11.17M around an hour ago. Now they hold 1.964K BTC worth $153.41M.

GateNews3h ago

Bitcoin Falls to $78,326 After Trump Issues Military Warning Over Iran Strait

Gate News message, April 24 — Bitcoin retreated to approximately $78,326 on Thursday after U.S. President Donald Trump issued a military warning to Iran, stating he had ordered the U.S. Navy to "shoot and kill" any Iranian vessels placing mines in the Strait of Hormuz. The pullback followed a rally

GateNews4h ago
Comment
0/400
No comments