TechFlow news, on January 5th, Matrixport released today's chart stating, "Starting the new year with lighter positions and lower leverage often helps the market achieve rebalancing more effectively, and price movements are more likely to return to a more natural rhythm. Since the peak in October 2025, the leverage corresponding to BTC and ETH futures open interest has been cleared by nearly $30 billion.
Entering 2026, positions are lighter, and speculative overheating has significantly cooled. As crowded trades recede, the price movements of Bitcoin and other crypto assets are more likely to return to their fundamental rhythms, opening up further upside potential."




