$BTC put up 6.4%, its second best September since 2017. The same week, equity inflows on Binance more than doubled to $163M, with Circle, Strategy, and BitMine taking a big share of that. Crypto, tokenized stocks, and TradFi perps were moving in the same window.
Binance Research calls it deep enough, not done. The recovery window is open. The bottom is not confirmed. Past bears ran 11 to 13 months. This one is about 12 months off the peak, total market cap is back near $2.89T after a roughly 42% bounce off the July low, and a 47% bounce has not locked in a floor before. The main thing is you can catch every leg of the rally on Binance 👀
#BinanceResearch
Binance Research calls it deep enough, not done. The recovery window is open. The bottom is not confirmed. Past bears ran 11 to 13 months. This one is about 12 months off the peak, total market cap is back near $2.89T after a roughly 42% bounce off the July low, and a 47% bounce has not locked in a floor before. The main thing is you can catch every leg of the rally on Binance 👀
#BinanceResearch