CryptoQuant Analyst: The current pullback of Bitcoin is relatively mild and is more likely a correction phase rather than a full-scale sell-off

ChainCatcher news, according to a tweet from CryptoQuant analyst Axel Adler Jr, "During this round of the Bitcoin bull market cycle, the pullbacks after local peaks are mostly concentrated in the range of 10% to 18%, while deep pullbacks usually extend to 20% to 30%. At the 12.8% range, we are closer to mild, which aligns with the repair/consolidation phase rather than a full-scale sell-off."