BTC $79,177.64 -0.73%
ETH $2,488.98 -0.44%
BNB $738.81 -1.61%
XRP $1.39 -1.81%
SOL $103.81 -1.84%
TRX $0.3346 -0.40%
DOGE $0.0902 -0.09%
ADA $0.2197 -0.00%
BCH $260.10 +0.58%
LINK $12.74 -1.06%
HYPE $85.22 -2.55%
AAVE $131.75 -2.09%
SUI $0.8192 +1.30%
XLM $0.1928 +3.86%
ZEC $1,151.68 -6.35%
BTC $79,177.64 -0.73%
ETH $2,488.98 -0.44%
BNB $738.81 -1.61%
XRP $1.39 -1.81%
SOL $103.81 -1.84%
TRX $0.3346 -0.40%
DOGE $0.0902 -0.09%
ADA $0.2197 -0.00%
BCH $260.10 +0.58%
LINK $12.74 -1.06%
HYPE $85.22 -2.55%
AAVE $131.75 -2.09%
SUI $0.8192 +1.30%
XLM $0.1928 +3.86%
ZEC $1,151.68 -6.35%

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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