BTC $79,225.50 -0.78%
ETH $2,492.05 -0.01%
BNB $739.98 -1.28%
XRP $1.40 -1.03%
SOL $104.09 -1.52%
TRX $0.3343 -0.25%
DOGE $0.0900 +0.65%
ADA $0.2199 +0.39%
BCH $261.30 +1.97%
LINK $12.77 +3.42%
HYPE $85.19 -2.56%
AAVE $132.12 -0.53%
SUI $0.8248 +3.63%
XLM $0.1921 +4.57%
ZEC $1,155.79 -5.51%
BTC $79,225.50 -0.78%
ETH $2,492.05 -0.01%
BNB $739.98 -1.28%
XRP $1.40 -1.03%
SOL $104.09 -1.52%
TRX $0.3343 -0.25%
DOGE $0.0900 +0.65%
ADA $0.2199 +0.39%
BCH $261.30 +1.97%
LINK $12.77 +3.42%
HYPE $85.19 -2.56%
AAVE $132.12 -0.53%
SUI $0.8248 +3.63%
XLM $0.1921 +4.57%
ZEC $1,155.79 -5.51%

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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