Coinbase Institutional Survey: The proportion of bear market judgments has significantly increased

Coinbase Institutional released survey results on the X platform, showing that among nearly 150 investors, 26% of institutional investors and 21% of non institutional investors believe that the market is still in a bear market stage, a significant increase from the 2% and 7% in September last year. The survey pointed out that there is a growing consensus in the market regarding the maturity of the economic cycle, and mentioned that it is worth paying attention to whether it is approaching the end of price discovery.