Analysis: SOL is currently in a "Comprehensive Liquidity Reset" phase, signaling a potential bottom bounce.

**Decrypt: Bitcoin’s Tuesday Rally Lifts Mainstream Altcoins, But Solana Fundamentals Shaky Amid Falling Liquidity** On December 10, Bitcoin’s Tuesday surge pushed up mainstream altcoins — but Solana’s fundamentals remain unstable against a backdrop of declining liquidity and growing market uncertainty, per Decrypt. On-chain analytics firm Glassnode noted Solana’s 30-day average realized loss ratio has stayed below 1 since mid-November. A reading below 1 means realized losses outpace realized gains, signaling liquidity has shrunk to near bear-market levels. Altcoin Vector, another on-chain platform, stated: “Solana is in the middle of a full liquidity reset phase — a signal that historically precedes new liquidity cycle starts and past price rebounds. If this trend mirrors April’s pattern, reigniting the market could take ~4 more weeks, roughly aligning with early January.” SynFutures COO Wenny Cai added: “This leverage reset is driven by sell-offs spurred by realized losses, lower futures open interest, liquidity provider pullbacks, and fragmented liquidity across pools. While the medium-to-long-term outlook remains modestly bullish on easing macro pressure, the short-term market is still noisy and vulnerable to shocks.”