As per Odaily, Matrixport's market analysis highlights a potential shift in the crypto market amid a more dovish Federal Reserve policy outlook, with the December rate cut probability rising to nearly 90%. Bitcoin and Ethereum have shown signs of stabilization and recovery, with BTC rebounding around $91,500 and ETH above $3,000. On-chain data and derivatives indicators suggest a marginal improvement in market sentiment, though key resistance levels remain unbroken. The report also notes increased stablecoin supply and a return of capital to exchanges, signaling cautious optimism. Layer2, RWA, and Solana ecosystems are showing resilience, with SOL experiencing a strong rebound. The analysis suggests a flexible, risk-controlled approach to positioning in the current uncertain environment.
Matrixport Market Outlook: Rebound or Trend Reversal?
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