CryptoQuant: BTC's 12% pullback from its new high is completely normal and has not yet exceeded the historical average of 20-25% decline

According to CryptoQuant analyst Darkfost, Bitcoin has experienced a -12% correction since its last all-time high, which is within normal range. During the current bull market cycle, the largest correction since the initial all-time high in March 2024 has been -28%, while the average correction has ranged from -20% to -25%. The analysis indicates that this correction has not broken historical patterns and is likely to remain within a healthy range. Such corrections typically help to clear excess leverage in the derivatives market during bull markets, reduce overheated sentiment, and provide new entry opportunities for long-term investors.