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Analysis: SOL is in a "full liquidity reset" phase, which may indicate a bottoming out
According to BlockBeats news on December 10th, according to Decrypt, Bitcoin's rise on Tuesday led to a general rise in mainstream altcoins, but Solana's fundamentals remain unstable against the backdrop of declining liquidity and increased market uncertainty. On-chain analytics platform Glassnode said Solana's 30-day average realized P&L ratio has been below 1 since mid-November. When the ratio is below 1, it means that the realized loss in the market exceeds the realized profit, indicating that liquidity has shrunk to near bear market levels. On-chain analytics platform Altcoin Vector said, "Solana is in a full-fledged liquidity reset phase, a signal that has often signaled the start of a new liquidity cycle in the past and has caused prices to bottom out in the past. If this trend repeats the pattern of April
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