CryptoQuant Analyst: Bitcoin's Current Pullback Is Relatively Mild, More Likely a Correction Phase Rather Than a Full Sell-off
ChainCatcher news, according to CryptoQuant analyst Axel Adler Jr, who posted on Twitter: "In this round of the Bitcoin bull market cycle, most local peak pullbacks have concentrated in the 10% to 18% range, while deeper corrections typically extend to 20% to 30%. At the 12.8% range, we are closer to mild corrections, which aligns with a recovery/consolidation phase rather than a full-scale sell-off."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Xu Zhengyu: Hong Kong Plans to Consider RMB-Denominated Gold
US September ADP employment change: -32,000, expected 50,000, previous value 54,000
Data: An address deposited $1.5 million in margin to Hyperliquid and opened a $14.35 million long position
Trending news
MoreCrypto prices
More








