Gate News Bot news, Glassnode data shows that the BTC price has fallen below the 0.75 cost benchmark percentile line, a level that has historically marked the Bear Market region. Long positions hope to reclaim this level to restore the bull run structure.
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Glassnode: BTC price falls below the 0.75 cost benchmark quantile line, marking the Bear Market area.
Gate News Bot news, Glassnode data shows that the BTC price has fallen below the 0.75 cost benchmark percentile line, a level that has historically marked the Bear Market region. Long positions hope to reclaim this level to restore the bull run structure.