Crypto analytics outfit Matrixport reckons Bitcoin’s on-chain plumbing is finally stoppering its leaks after the beatdown of late 2025. They note that if price can camp above the structural floor, the tape starts looking less like a crime scene and more like a renovation. Valuation and positioning gauges have leveled off, suggesting the tail risk of fresh carnage is fading and the market is limping out of the ICU rather than getting wheeled into the morgue. Still, the recovery has headwinds. New capital inflows are trickling in like a DeFi miner on low power, and long-term holders aren’t exactly rushing to press the gas. Matrixport cautions that any heroic breakout is liable to get faded unless fresh liquidity actually shows up to the party. The net-net: treat this like a selective scavenger hunt, not a degenerate all-in on meme leverage. *This is not investment advice.
