Glassnode co-founder: In a similar phase to the previous cycle, when liquidity flows back, the coin price may rebound quickly.

BlockBeats news, on December 30, Glassnode co-founder @Negentropic stated on social media, “Looking back at the period from December 2020 to February 2021, the market was in a similar cycle phase, and the PA had comparability. During that period, Liquidity outflow occurred simultaneously with price pullback, but the network rise continued. Similarly, when the price stabilized and new Liquidity inflow appeared, the price quickly rebounded. This indicates that as long as the network rise remains at a bullish level, and the price does not further probe to lower levels, once Liquidity flows back into the market, we may see a rapid pump in prices.”