Friends, Bitcoin has once again shocked the market with its crazy surge and unexpected pullback! When BTC rapidly pulled back 15% after hitting a new historical high, did you also wonder: Is this the end of the bull market or a brief calm before the climax? 📉🚀
Pullback weakening: Is the bull market heading towards stability?
According to Glassnode's latest research, despite Bitcoin experiencing a significant pullback, the volatility in this cycle has notably decreased. The deepest drop this year was 32%, while most pullbacks were within 25%. This is one of the least volatile periods in Bitcoin's history, possibly reflecting the institutional demand stabilized by the spot Bitcoin ETF. 📊
Imagine, with the entry of institutional investors, the market's confidence in Bitcoin is growing stronger. Does this mean the Bitcoin market is entering a more mature phase?
Long-term holders are making a fortune, and new investors are stepping in!
Data shows that Bitcoin long-term holders have realized $2.1 billion in profits, a historical high. Meanwhile, Bitcoin held for 6 to 12 months dominated the market sell-off, resulting in a profit distribution of $27.3 billion. Does this transfer of wealth from long-term holders to new investors mean we are entering the later stages of a bull market? 💰
Glassnode points out that although the wealth share of new investors has significantly increased, it has not yet reached the peak levels of historical bull markets. This may indicate that the speculative nature of the market has not been fully released, and the story of the bull market is not over yet! 📈
AVIV ratio: The bull market has not yet reached its endpoint
By analyzing the AVIV ratio (an indicator of market profitability), Glassnode found that the market has not yet reached overheating levels. This suggests that Bitcoin still has room for growth, and the market may continue to be active before the profit-taking impulse of ordinary investors is released. This is truly an exciting signal! 🎉
How to seize the current bull market opportunity?
In light of these data and trends, professional analysis is particularly important. Mlion (for experience, please visit: mlion.ai) serves as an AI investment research assistant in the Web3 space, providing you with real-time market insights and accurate price predictions. Moreover, ML SWAP also supports cross-chain exchanges for BTC, making your asset management more flexible and efficient! 🔍
📢 Summary
The Bitcoin bull market may have entered its later stages, but the market is not yet overheated and still has significant operational space. It's time to seize the opportunity wisely and make informed investment decisions at this turning point! But don't forget, the market carries risks, and investment should be approached with caution. 💡
For more news updates, analysis, price predictions, and SWAP cross-chain exchanges, please visit: 🤖👉mlion.ai
The above content is for informational sharing only and does not constitute any investment advice!
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