The news from BlockBeats, on December 30, Glassnode co-founder @Negentropic posted on social media, "Looking back at the period from December 2020 to February 2021, the market was in a similar cycle stage, and the PA was comparable. During that period, liquidity outflows and price pullbacks occurred simultaneously, but the network continued to grow. Similarly, when the price stabilized and new liquidity flowed back, the price quickly rebounded. This indicates that as long as the network continues to grow at a bullish level and the price does not further decline to lower levels, once liquidity flows back to the market, we may see a quick pump in prices."
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The news from BlockBeats, on December 30, Glassnode co-founder @Negentropic posted on social media, "Looking back at the period from December 2020 to February 2021, the market was in a similar cycle stage, and the PA was comparable. During that period, liquidity outflows and price pullbacks occurred simultaneously, but the network continued to grow. Similarly, when the price stabilized and new liquidity flowed back, the price quickly rebounded. This indicates that as long as the network continues to grow at a bullish level and the price does not further decline to lower levels, once liquidity flows back to the market, we may see a quick pump in prices."