Odaily Planet Daily Glassnode officials on the X platform stated, “Interestingly, as the market rises, the severity of Bitcoin’s pullback in the bull market trend has decreased. The deepest pullback in this cycle was -32% (August 5, 2024), while most pullbacks were only about 25% lower than the previous high, which reflects the demand for Spot ETF and the increasing institutional interest.”
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Glassnode: Boğa Piyasası趋势BTC回撤程度有所下降,多数geri çekme约为25%
Odaily Planet Daily Glassnode officials on the X platform stated, “Interestingly, as the market rises, the severity of Bitcoin’s pullback in the bull market trend has decreased. The deepest pullback in this cycle was -32% (August 5, 2024), while most pullbacks were only about 25% lower than the previous high, which reflects the demand for Spot ETF and the increasing institutional interest.”