Analysis: Market sentiment is gradually stabilizing, and downside risks have eased.

PANews reported on January 12 that Matrixport's analysis in today's chart indicates that the new year has started relatively calmly, but market sentiment is gradually warming up. Notably, its proprietary "Greed and Fear Index" moving average has shown clear signs of bottoming out. Historically, such signals often appear when bitcoin is nearing a local bottom. Against this backdrop, the market is more likely to enter an upward correction, and the risk of continued decline has eased. However, it should be noted that this does not mean prices will quickly return to historical highs. With sentiment stabilizing, downside risks are more likely to remain within a controllable range.

Looking back to late October, the institution had previously indicated in its "Matrix onTarget" weekly report that the possibility of a larger-scale correction was relatively high at that time. Entering 2026, the environment for unilateral long strategies may still not be favorable; whether one can maintain discipline and capture swings in a more tactical manner may become the key to widening the gap in returns.