In a recent analysis by Onchain Edge, the Puell Multiple, a key metric in the cryptocurrency market, has shown a significant drop from 2.63 to 0.65 post-halving. This decline is noteworthy as the current Puell Multiple value with Bitcoin (BTC) at $63k is at the same level as when BTC was priced at $22k.

Despite this drop, the long-term outlook for the market remains bullish. This optimistic perspective is based on the inherent strength of blockchain technology and its potential to revolutionize various industries.

In conclusion, while short-term fluctuations may occur, the overall trend in the blockchain and cryptocurrency market is positive, indicating a promising future.