BlockBeats News, October 15th, after experiencing a drastic deleveraging wave that swept through the derivative market last week—a chain liquidation event that was one of the largest in recent years—research brokerage firm K33 pointed out that the cryptocurrency market has entered a healthier stage.
The company's research director, Vetle Lunde, in the latest report, while calling for patience, described this market reset as "constructive bullishness," emphasizing that the risks of excessive leverage that have persisted for months have been cleared, laying the foundation for a new round of growth.
"The structural impact of deleveraging means that liquidity may remain thin as market participants recover from forced selling," Lunde analyzed, "From historical data, such deleveraging phases often lead to short-term stagnation and cautious trading but also frequently signal a market bottom and nurture the conditions for long-term recovery."