Solana is experiencing a 'full liquidity reset' phase, potentially signaling a bottom rebound, according to on-chain analytics. Despite Bitcoin's recent rise boosting altcoins, Solana's fundamentals remain unstable due to declining liquidity and market uncertainty. Glassnode reports that Solana's 30-day average realized profit and loss ratio has been below 1 since mid-November, indicating realized losses surpass gains, a sign of near-bear market liquidity levels. Altcoin Vector suggests this liquidity reset could precede new liquidity cycles and price rebounds, similar to past patterns. If the current trend follows the April pattern, a market rebound might occur in about four weeks, around early January. SynFutures COO Wenny Cai attributes this reset to loss-induced selling, declining futures open interest, and liquidity fragmentation. While the medium-to-long-term outlook is cautiously bullish, the short-term market remains volatile.