According to Odaily Planet Daily, research and brokerage firm K 33 stated that the crypto market has entered a healthier phase after a sharp round of deleveraging last week. Vetle Lunde, the firm's head of research, called this market reset "constructively bullish," arguing that the excess leverage accumulated over months has been removed, laying the foundation for a market upturn. "The structural impact of this deleveraging means that liquidity is likely to remain subdued as market participants recover from forced selling. Historically, such deleveraging phases have led to short-term stagnation and cautious trading, but they also tend to mark a point of market exhaustion, creating fertile ground for a long-term recovery once markets stabilize." (The Block)