Matrixport: After clearing derivatives leverage, a new round of market may begin in 2026 or on a more stable foundation

Odaily Planet Daily reports that the latest charts and analysis released by Matrixport indicate that after a large-scale deleveraging in the derivatives market, the crypto market may be laying a more solid foundation for the 2026 trend. The analysis shows that since the October 2025 cyclical peak, the unrealized futures contracts for BTC and ETH have been deleveraged by nearly 30 billion USD. Operating in a lighter position and with lower leverage in the new year, this helps the market return to a relatively balanced price rhythm. Matrixport believes that as crowded trading gradually subsides and speculative excess cools down significantly, the price movements of Bitcoin and other cryptocurrencies may become more aligned with fundamental trends, and the upside potential is also expected to open up.