CryptoQuant: The market has entered a structural adjustment phase, and the possibility of continued decline remains high.

13 saat önce

 CryptoQuant analyst @AxelAdlerJr, combining Bitcoin on-chain signal indicators, stated that the current market has entered a deep adjustment phase, which lasted for a year in the previous cycle. The current maximum drawdown of Bitcoin from its historical high is -32%, positioned in the middle area between a deep correction and a market bottom. If macroeconomic and on-chain signals do not improve, there is still a risk of continued market decline.

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