COIN’S 60% WASHOUT MAY BE THE BOTTOM ⚡

Bernstein says crypto-linked stocks are now at a significant discount after a sharp selloff, with current pricing reflecting weak short-term sentiment more than long-term fundamentals. The firm kept an outperform rating on Coinbase but cut its price target to $330 from $440, arguing Q1 earnings could mark the bottom as stablecoins, derivatives, and subscription revenue keep expanding.

This matters because the market is punishing COIN for cyclical weakness while ignoring the structural revenue mix shift. If Q1 confirms resilience, the squeeze higher could be violent.

Not financial advice. Manage your risk.

#COIN #CryptoStocks #Bitcoin #Altcoins #WallStreet

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