Post-Liquidation Rebuild: Structural Anchors Hold Amid Macro Volatility
Market structures endured a stress test as macro shocks and liquidation waves swept through digital asset markets. The purge of excessive leverage and robust network fundamentals suggest underlying resilience, despite short-term turbulence.
ETF flows have reversed course, signaling caution among institutional players. Yet historical patterns indicate such shakeouts often follow parabolic rallies, typically preceding renewed accumulation phases by disciplined investors.
Options markets tell a revealing story—current positioning shows strategic upside hedging rather than the panic-driven patterns characteristic of true capitulation events. This nuanced behavior points to professional traders anticipating potential rebounds while maintaining risk controls.
