CONTENT
A CryptoQuant analyst noted that the crypto market remains in a correction phase following a wave of leveraged liquidations. Although the risk of cascading liquidations has eased, a sustained recovery will depend on renewed spot inflows or a synchronized rise in both price and open interest.
The analyst added that a short-term rebound is possible, but without stronger on-chain momentum, any potential reversal is unlikely to last.
WRITER’S INTRO

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