Coinbase Institutional: Signs of a Reset in the Crypto Market, Demand for Upside is Rising

Coinbase Institutional posted that after the December sell-off, there are signs of a reset in the cryptocurrency market: inflows into spot BTC and ETH ETFs; low leverage; balanced order books; options positions.

The institution stated that systemic leverage has dropped to 3% of the total cryptocurrency market capitalization, while options skew indicates that demand for upward movement is increasing. With the recovery of liquidity after the holidays, early inflows suggest that institutional investors are cautiously re-taking on risk.