CryptoQuant: Bitcoin's drawdown in this round is about 7.61%, with $74500 as a reference level
CryptoQuant analyst MAC_S pointed out that Bitcoin has fallen from a high of $87027 on October 5th to a low of $80404 on October 9th, with a drawdown of about 7.61%, close to the average drawdown of 7.58% in the 2022-2025 bull market cycle and lower than the historical overall average drawdown of 14.39%. Based on the historical average drawdown of 14.39%, the corresponding price is approximately 74500 US dollars. Analysts suggest laying out BTC in batches around $80000, and increasing positions if it falls to the range of $74000 to $75000.