CoinVoice has learned that the latest chart 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 leverage corresponding to the open interest of BTC and ETH futures has been nearly $30 billion in net outflows. Operating in a lighter position and with lower leverage in the new year will help the market return to a relatively balanced price rhythm. Matrixport believes that as crowded trading gradually subsides, speculative overheating will significantly cool down, and the price movements of Bitcoin and other cryptocurrencies may become more aligned with fundamental trends, with upward potential also expected to open up.