[Glassnode: Bitcoin's Current Bear Market Deviates from the 'Four-Year Cycle,' Deep Decline Likelihood Decreases] Glassnode published an article stating that as time progresses, it seems increasingly unlikely for the latter stages of this market cycle to experience a decline of the same depth as past cycles. The Bitcoin 'four-year cycle' pattern that the market previously relied on has not been reflected in this bear market. Data shows that the retracement in the past three cycles was more than twice the magnitude of the current cycle, and there were still several weeks remaining until the cycle's low point. In contrast, the current $BTC has only fallen approximately 30% from its historical high, and the price is showing signs of recovery.