CryptoQuant Analyst: BTC Has Retraced Around 12% from Its New High, Which Is Completely Normal and Has Not Yet Exceeded the Historical Average Correction of 20% to 25%
BlockBeats News, September 2nd, CryptoQuant analyst Darkfost stated that Bitcoin has retraced by about -12% since its last all-time high, which is within a normal range. In the current bull market cycle, the largest retracement since hitting an all-time high for the first time in March 2024 was -28%, with the average retracement ranging from -20% to -25%.
The analysis points out that this retracement has not deviated from historical patterns and may continue to remain within a healthy range. Such retracements typically help in clearing excessive leverage in the derivatives market during a bull market, alleviating overheated sentiments, and providing new entry opportunities for long-term investors.
Вам также может понравиться
Растущие активы
Последние новости криптовалют
Трамп заявил, что председатель ФРС должен снизить процентные ставки, повторил критику Пауэлла
In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.
Trump: Объявит нового председателя ФРС в начале следующего года
Coinbase International Site для запуска DASH Perpetual Contract Trading
Служба поддержки:@weikecs
Деловое сотрудничество:@weikecs
Количественная торговля и ММ:[email protected]
VIP-программа:[email protected]