Crypto Markets Show Resilience Amid Volatility as Analysts Signal Tentative Bottom
Crypto markets enter 2024 with characteristic volatility, swinging between sharp gains and losses. While macro uncertainty lingers over risk assets, long-term holders continue accumulating positions—a sign of underlying strength beneath the choppy price action. Institutional participation expands steadily, anchoring the market more firmly than during past downturns.
Analysts note compressed realized losses and normalized funding rates, suggesting the worst of the recent correction may be over. This doesn't guarantee an immediate bull run, but downside pressure appears less severe even amid negative news flow. Bottoming processes typically unfold gradually, requiring patience from investors.
The market's fragile short-term demeanor contrasts with its improving fundamentals. Liquidity remains uneven, yet institutional adoption creates a firmer floor. Traders split on direction, but the smart money watches for accumulation patterns rather than chasing candles.