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PANews quoted on-chain analyst Darkfost as saying that an S&P 500 index correction exceeding 20%should not be simply equated with BTC falling to 10000 USD because the historical sample is limited and Bitcoin’s BTC market capitalization has expanded.
CryptoQuant analyst MAC_D says Bitcoin's current pullback is from 87,027 USD to 80,404 USD, with the decline approaching the average for bull-market cycles in recent years; based on the overall historical average, the corresponding price would be approximately 74,500 USD。
A PANews article on Meme coin lifecycle data states that the median time for a token to peak is only 17 days, with more than half retracing from their all-time highs 95%。
BlockBeats cited GMGN market data as saying that multiple Robinhood ecosystem Meme tokens have recently retraced.PONS market capitalization of approximately 429000000 USD, down approximately 990000000 USD from the recent 57%，24-hour decline 19.5%。
Bonk Guy said that most popular on-chain tokens retraced over the past two weeks, with some falling by more than 50%, and advised against selling high-conviction holdings due to short-term weakness.
Bitwise released a report on institutional crypto investment trends, saying that surveyed institutions did not reduce their allocations during the market retracement and that Bitcoin was their common holding.
Bitwise's institutional crypto adoption report states that none of the 15 large institutions surveyed reduced their crypto asset holdings during the relevant market drawdown, while some increased their holdings.