@dmredacted
Leverage Ratio Is Normalizing
Market participants have really cut down on their leverage lately. Coinbase believes the market structure is much healthier today. Prices are not as fragile to sudden dumps anymore.
Basically, the excess passengers got shaken out. This happened not just because of the October crash, but also due to the depressing price action on many coins.
Under these conditions, the odds of catching a new trend are way higher.
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