On-Chain Indicator Shows Crypto Bear Market Will Not Be As Violent as Last Round

© Archyde.com. On-Chain Indicators Show This Crypto Bear Market Will Not Be as Violent as the Last Round

Some on-chain indicators suggest that the current crypto market downtrend may not be as intense as past bear markets, according to Lucas Outumuro, head of research at analytics firm IntoTheBlock. In this newest analysis, Lucas admits: There’s a growing argument that we’re not in a bear market.” Although the total crypto market cap is down 57% from an estimated record high.

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