Market cap halved and stabilized, history rhyme is back again

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CoinNetwork
On-chain data indicates that the worst adjustment phase for Bitcoin may have ended.
Crypto reports that on-chain data and funding rates indicate that the worst adjustment phase for Bitcoin may have already ended.
Although the bottom is difficult to determine, multiple indicators support that the bottom is near, with BTC rebounding above $77,000.
Market capitalization has fallen about 50% from the October high to around $1.08 trillion and is stabilizing.
RHODL>5 shows that long-term holders are in control, with supply increasing by over 400,000 BTC since February.
Negative funding rates persisted until May, reflecting extreme pessimism, which often triggers market bottoms.
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