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Coinbase Institutional Survey: Bear Market Sentiment Significantly Rises, But Market May Be Nearing End of Price Discovery

2026-01-23 14:05

Odaily News According to a post by Coinbase Institutional on platform X, a recent survey of nearly 150 investors indicates a growing consensus on the maturity of the economic cycle. Among them, 26% of institutional investors and 21% of non-institutional investors believe the market is still in a bear phase. This figure has risen sharply from the 2% and 7% reported in the September survey last year. It is noteworthy whether the market is now approaching the final stage of price discovery, after which the next accumulation phase will begin.