**[Analysis: SOL is in a "comprehensive liquidity reset" phase, potentially signaling a bottom and rebound]** BlockBeats news, December 10, according to Decrypt, Bitcoin's rise on Tuesday drove mainstream altcoins to rally broadly. However, against the backdrop of liquidity decline and heightened market uncertainty, Solana's fundamentals remain unstable. On-chain analytics platform Glassnode stated that Solana's 30-day average realized profit and loss ratio has been below 1 since mid-November. When this ratio is below 1, it indicates that realized losses in the market exceed realized profits, suggesting that liquidity has shrunk to near bear market levels. On-chain analytics platform Altcoin Vector noted, "Solana is undergoing a comprehensive liquidity reset phase. Historically, this signal often indicates the start of a new liquidity cycle and has previously led to a price bottom and rebound. If this trend repeats the pattern from April, reigniting the market may take approximately four weeks, roughly corresponding to early January." SynFutures COO Wenny Cai stated, "This round of leverage reset is driven by sell-offs triggered by realized losses, a decline in futures open interest, market maker contraction, and liquidity fragmentation across different trading pools." Although the medium-to-long-term outlook remains moderately bullish under easing macro pressures, the short-term market remains noisy and susceptible to shocks.