VanEck: The Bitcoin pullback in October is a mid-cycle correction, not the start of a bear market
According to Jinse Finance, as disclosed by Cointelegraph, VanEck stated that the Bitcoin pullback in October was a mid-cycle correction rather than the onset of a bear market. Leverage levels have returned to normal, on-chain activity is increasing, and liquidity continues to drive the current cycle forward.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum consensus layer client Prysm releases post-mortem analysis report on Fusaka mainnet incident
El Salvador's bitcoin holdings surpass 7,500
Aevo Ribbon DOV legacy vaults attacked, resulting in a loss of approximately $2.7 million
