Coinbase: Expects a resurgence in the cryptocurrency market

Coinbase Institutional posted on social media that signs of recovery seem to be gradually emerging. We believe that as liquidity conditions improve, the probability of a Federal Reserve interest rate cut jumps to 92%, and macro tailwinds continue to build, the cryptocurrency market may be gearing up for a recovery rally.

Here are the analytical bases:

• Liquidity is recovering
• The so-called "AI bubble" has not yet burst (there is still room for growth)
• Shorting the dollar is attractive at current levels.

Coinbase Institutional stated that as early as October, it anticipated a position adjustment in the market and expected the market to perform weakly in November, with a reversal in December. This may become the starting point for the re-establishment of momentum in the cryptocurrency market.