Coinbase Institutional says that some indications refer to “Crypto Winter” but are optimistic about H2 2025

• Coinbase Institutional suggests that the cryptocurrency market is at the start of a bear cycle.

• Bitcoin and major altcoins are below important technical levels.

• Coinbase Institutional does not expect the cryptocurrency bear market cycle to last long.

middle Lower prices and increased market uncertainty Over the past few months, the burning issues regarding the minds of participants in several cryptocurrency markets are:

Coinbase Institutional, the facility division of major US cryptocurrency exchanges, is the latest to answer questions. answer? Perhaps especially in the short term.

Don’t miss it:

“Some convergence signals may refer to the start of a new “crypto winter”” Coinbase Institutional Global Head of Research David Duon It was claimed on Tuesday Notes.

Crypto Winter is the expanded bare market stage characterized by price drops, small volumes and negative market sentiment.

Amidst the uncertainty of the market US-led trade warDuon claims that Bitcoin has been trading in the bare market territory since late March, and that altcoins, the top 50 coins per market capitalization, are trading, especially, citing the 200-day moving average from the end of February.

Moving averages are often technical indicators that we rely on to reduce noise from market fluctuations and identify underlying trends. In particular, it is widely believed that 200DMA is a sign of long-term market trends. If the price of an asset exceeds the indicator, it is considered to be in a bull market and vice versa.

Trend: BlackRock is calling the year of alternative assets in 2025. One NYC company quietly built a group of over 60,000 investors. They previously participated in ALT asset classes exclusively for billionaires, such as Bezos and Gates.

Bitcoin fell below 200DMA on March 9th and has not been able to hold it above since.

Beyond 200DMA, Duong has significantly reduced cryptocurrency mayor and venture capital funds as further evidence that cryptocurrency is in the bear market cycle.

Specifically, he said the total crypto market capitalization excluding Bitcoin was $1.6 trillion, a high of $950 billion in December 2024, down 41% from 17% onwards from the previous year.

At the same time, venture capital funding in the cryptocurrency space is more than 50% below the level observed during the 2021-2022 cycle, suggesting a decrease in fresh capital inflows, particularly in altcoins.