Analysis: The previous bull market had at least three 20% declines, and this correction has not yet reached

Odaily Odaily News: Larry Cermak, CEO of The Block, pointed out in The Scoop podcast that the previous crypto bull market had seen at least three 20% declines. He said: "Even the recent decline did not reach 20%. In historical bull markets, this usually happens once or twice, sometimes even three times. It can clear over-leveraged positions in the market and accumulate strength for the next round of gains." Larry Cermak added: "Clearing excessive leverage is beneficial. Of course, bull markets often end this way."