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ZEC $1,209.41 -10.65%
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AMZN $250.75 -4.72%
GOOGL $324.64 -3.30%
MSFT $522.12 -1.91%
META $647.34 -12.53%
NVDA $212.75 -4.27%
TSLA $374.13 -4.36%
SNDK $1,245.88 -9.71%
INTC $85.12 -8.73%
SPCX $145.61 -8.52%
MU $852.90 -6.95%
AMD $508.25 -8.21%

Glassnode: The pullback amplitude of Bitcoin in the bullish uptrend is gradually decreasing, reflecting the rise in ETF demand and institutional interest

2024-12-21 19:37:49

ChainCatcher message, Glassnode stated, "As the crypto market grows, the pullback of Bitcoin in the bullish trend is gradually decreasing. The deepest pullback in this cycle was -32% (August 5, 2024), while most pullbacks were around a 25% drop from previous highs, reflecting the increased demand for spot ETFs and rising institutional interest."

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