#MarketPullback

Has the market lost the confidence it gained over the last weeks of growth?

Several events and indicators suggest to stay calm and not panic. One of the factors suggesting that the situation is favorable is the activity on the network. As reported by Ali Martinez in one of his latest posts on X, in the last 24 hours, as many as 925,914 addresses were active on the Bitcoin network. This is the highest level of network activity since November 2024.

In recent days, there has also been significant purchasing activity from institutional entities. Giants such as BlackRock, Ark Invest, MicroStrategy, and Metaplanet have spent hundreds of millions of dollars on BTC.

In the last week and month, Bitcoin has gained in value by 0.97% and 14.90%, respectively. Therefore, it is clear that the token has slowed down, but it seems that this is still not a reason to panic.