According to TechFlow, cryptocurrency analyst Rekt Capital's analysis shows that since the bear market bottomed out in November 2022, Bitcoin has experienced six major pullbacks, all of which are more than 20% deep. These pullbacks occurred in February 2023, April to May, July to September, January 2024, March to April, and May to June, with pullbacks ranging from -16% to -23.7%. The current pullback depth is -16%, and it has lasted for 35 days, which has not yet reached the average pullback depth of -22% and the average duration of 40 days in this cycle. Therefore, the current pullback is below average in both depth and duration.
