Glassnode and Fasanara’s year-end report shows record inflows, rising realized cap, and falling volatility, suggesting the latest pullback is a mid-cycle reset rather than the start of a long downturn.
Present market dynamics point to a mid-cycle pullback rather than a full-blown crypto winter, Glassnode and Fasanara argued.
This Bitcoin-Led, Institutionally Anchored Cycle Shows the Three-Month Drop Isn’t a Winter: Glassnode
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