JPMorgan: "The crypto downturn is in its final stage... entering the bottoming phase"

BuyHighSellLow · 2026-01-09T01:28:47+00:00

JP Morgan reports that the cryptocurrency market is stabilizing after a downturn, signaling a bottoming phase. Indicators show reduced selling pressure from investors, and key decisions, such as MSCI's recent exclusion of crypto-holding firms, provide temporary relief.

BuyHighSellLow

2026-01-09 01:28:47

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Source: HanKyungBlockchain Original Title: JP Morgan: “The Cryptocurrency Downturn Is Coming to an End… Bottoming Out Has Begun”

Original Link: https://www.hankyung.com/article/202601090468B

Analyses suggest that the downtrend in cryptocurrencies( and digital assets) is nearing its end. Indicators from Bitcoin spot ETFs and futures markets are all signaling that the bottom has been reached.

On the 8th( local time), JP Morgan’s research team released a report stating, “Signs of stabilization are emerging across the entire cryptocurrency market,” and “The reduction in positions by retail and institutional investors that has been ongoing since last quarter appears to have concluded.”

JP Morgan added, “As the outflows from Bitcoin and Ethereum ETFs are calming down, it seems the market is bottoming out,” and explained, “The positioning indicators for perpetual futures markets and Bitcoin futures on the Chicago Mercantile Exchange(CME) are also showing signs of easing selling pressure.”

A key factor in the market stabilization was the decision by Morgan Stanley Capital International(MSCI). On the 6th, MSCI announced that it would not exclude companies holding cryptocurrencies from its global indices in its regular index review scheduled for February 2026.

JP Morgan commented, “While MSCI has left the door open for a future review of its policy, the immediate decision to hold off on delisting provided temporary relief to related companies,” and evaluated, “The recent market correction is not due to liquidity issues. Analyzing liquidity indicators such as trading volume relative to CME futures and ETF price movements shows little evidence that a lack of liquidity is fueling the sell-off.”

JP Morgan concluded, “The real cause of the correction was the risk-averse sentiment triggered when MSCI hinted at the possible exclusion of MicroStrategy from its indices on October 10th,” and added, “Now that this fear has been alleviated and fund flows and positioning indicators have stabilized, the worst is over.”

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GigaBrainAnon

· 01-11 16:27

Morgan predicts the bottom again? Well... this time I choose to believe it, after all, what institutions say still carries some weight.

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AirdropJunkie

· 01-10 22:16

JP Morgan is back? This time claiming it's bottomed out... Believing them this time makes me a fool haha

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GateUser-cff9c776

· 01-10 15:19

Ah, JP Morgan is starting to tell stories again. How many times have they talked about the "bottom signal" meme? Anyway, I only believe half of it. From the perspective of supply and demand curves, the current price indeed looks like an undervalued Da Vinci manuscript, but who knows? Bottom signals, Schrödinger's bull market—both bottomed out and not bottomed out [dog head]. Honestly, this kind of macro analysis is just for listening to stories. The real clearing-out opportunity has long been snatched up by institutions. Candlestick charts can deceive but won't lie. The problem is, we're all guessing Catoshi's intentions. Instead of waiting for JP Morgan to confirm, it's better to understand on-chain data yourself, everyone.

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RektRecorder

· 01-09 01:58

J.P. Morgan is starting to tell stories again, saying bottom and rebound every time... When was the last time I remember them saying this?

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MEVHunterNoLoss

· 01-09 01:56

JP Morgan says bottom signals? Every time they say this, I have to do the opposite... Can we trust it this time?

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MrDecoder

· 01-09 01:55

JP Morgan is starting to turn bullish again? Every time this big institution talks about the "bottom," I think of the last "bottom"... Still waiting for a rebound now.

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FudVaccinator

· 01-09 01:52

JP Morgan is telling stories again. Every time they say it's bottomed out, it drops again afterward. I'm familiar with this trick.

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ser_ngmi

· 01-09 01:43

JP Morgan is bearish again, huh? We have to hear this every month... Whether it's true or not depends on how they perform later.

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AltcoinHunter

· 01-09 01:30

J.P. Morgan is starting to tell stories again, bottoming out, bottoming out, how many times have I heard this since the beginning of the year... --- Signals of a bottom are always spoken about with such certainty, and then... you all know --- Are spot ETFs and futures both pointing to a bottom? Then I ask everyone, why is my position still bleeding --- Instead of listening to what JPM says, it's better to see what whale wallets are doing, that's the real signal --- Someone is about to say this is the last chance to get on board, then next week it will continue to be cut in half, classic routine --- If it were truly bottoming out, it would have already rebounded. Still dragging here, clearly not that simple --- I don’t believe you, when has Morgan Stanley ever been accurate? It’s just armchair quarterbacking after the fact --- Wait a minute, if it’s really bottoming out, then those I cut earlier... never mind, I don’t want to think about it

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