26% of Institutions Call a Bear Market: What This Could Mean for Investors

A recent survey by Coinbase Institutional and Glassnode reveals that around one-quarter of both institutional and non-institutional investors view the crypto market as being in a bear phase. Despite this, investors believe Bitcoin (BTC) is undervalued. The insights highlight a complex shift in investor psychology amid mixed macroeconomic signals and ongoing volatility in early 2026. Investors Classify the Crypto Market as Bearish The findings are based on a survey of 148 respondents conducted between December 10, 2025, and January 12, 2026, including 75 institutional and 73 non-institutional investors source: https://beincrypto.com/crypto-market-sentiment-bearish-2026-analysis/