The Bitcoin pullback range is gradually narrowing, and the bull market is developing healthily!
According to the latest analysis, as the crypto market continues to develop, the pullback range of Bitcoin in the current bull market has gradually decreased. Especially in this cycle, the deepest pullback was only -32% (which occurred on August 5, 2024), while most pullbacks were controlled around 25%, which fully indicates the surge in demand for spot ETFs and the continued interest from institutional investors.
This reduction in pullback range not only reflects the strengthening of market stability but also lays a solid foundation for further upward movement in the future.
Market sentiment continues to improve, but will there be a new breakthrough? Stay tuned, and let’s seize every opportunity together!
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