When measuring the market correction as a percentage drawdown from the ATH, the correction amounted to just -9%, with 384 out of 928 trading days (41.4%) this cycle experiencing a larger drawdown. This decline also closely aligns with the cycle’s median drawdown of 7%, indicating that, from a price perspective, the severity of the contraction was broadly consistent with typical market behavior this cycle.
#BinanceAlphaAlert #MarketRebound