#Gate广场创作者新春激励 Crypto Daily(01.13): Bitcoin's Mid-term Correction Continues, ETF Fund Outflows Expand, Institutions Increase Holdings, and Ethereum Remains Bullish Long-term
1. Bitcoin Market Trends and Cycle Analysis
1. Recently, Bitcoin has pulled back from its all-time high, and there are differing opinions on whether it has peaked. Most analyses believe this is a mid-term correction rather than a full-blown bear market, as the correction (36%) is smaller than the deep declines seen after previous cycle peaks (e.g., over 50% drop within 90 days after the 2021 and 2017 peaks).
2. Technical i