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Glassnode Glassnode @glassnode · 44.1K subscribers
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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 👇
https://www.youtube.com/watch?v=JmDOJlzSKnc&t=2s
YouTube Bitcoin: Bull Market Corrections - Glassnode Clips In this Glassnode Clips, we analyze Bull Market Corrections in the cryptocurrency market. We review correction depths, noting recent cycles have shallower corrections, indicating strong buy-side pressure. The comparison to the 2016-2017 cycle highlights the…
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