Bitcoin-Driven Altcoin Rally Amid Solana Liquidity Reset Points to Early January Rebound
BTC/USDT
$12,813,834,799.43
$77,853.04 / $76,407.72
Change: $1,445.32 (1.89%)
+0.0064%
Longs pay
According to Decrypt via COINOTAG News on December 10, a firmer broad bid in Bitcoin lifted major altcoins, yet liquidity pressures and heightened market uncertainty cloud Solana‘s near-term fundamentals.
On-chain analytics site Glassnode indicates Solana‘s 30-day realized loss ratio has trended under 1 since mid-November, signaling that losses in realized terms outpace gains and that liquidity has contracted toward bear-market levels.
Analyst firm Altcoin Vector notes Solana is undergoing a broad liquidity reset, a condition historically linked to the start of a fresh liquidity cycle and prior price rebounds. Based on the April pattern, a rebound could unfold within four weeks, targeting January.
SynFutures COO Wenny Cai attributes the latest leverage reset to realized-loss-driven selling, shrinking open futures interest, thinning liquidity providers, and fragmentation across pools. She notes the medium- to long-term momentum could remain modestly bullish if macro headwinds ease, but near-term action stays choppy and susceptible to shocks.