In this week's Glassnode Clips, we analyze Bull Market Correct | Glassnode
In this week's Glassnode Clips, we analyze Bull Market Corrections:
- Recent bull markets have experienced shallower corrections than earlier ones, indicating strong buy-side pressure and limited selling.
- The market's spot-driven nature and ETF contributions in the current cycle mirror those of the 2016-2017 cycle, aiding in understanding present market behavior.
- Events like the halving influence investor actions, but despite potential sell-offs, the market has demonstrated resilience with shallow corrections, pointing to continued demand and support.
Discover more in the latest Glassnode Clips below