Glassnode co-founder: Once liquidity returns to the market, we may see a rapid increase in coin prices
Glassnode co-founder @Negentropic_ posted on the X platform, "Looking back at the period from December 2020 to February 2021, the market was in a similar cycle stage and price trends were comparable. During that time, liquidity outflows and price corrections occurred simultaneously, but network growth continued.
Similarly, when prices stabilized and new liquidity inflows appeared, prices quickly rebounded. This suggests that as long as network growth remains bullish and prices do not probe further down to lower levels, once liquidity flows back into the market we may see a rapid rise in prices."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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