Coinbase's stock, identified by the ticker symbol $COIN, has experienced a notable decline, marking its seventh consecutive day of losses. The stock has dropped approximately 32% over this period, with recent trading showing it fell below its 200-day moving average. Analysts suggest that if Bitcoin stabilizes between $88,000 and $90,000, there may be potential for recovery in $COIN's price, which recently fluctuated between lows of $205 and highs of $215. Observers are closely monitoring the situation as the stock continues to face bearish trends.