Analyst: A healthy correction will cool down the market from an overheated state, thus continuing the upward trend

According to BlockBeats, on July 25th, CryptoQuant analyst Axel posted on social media that the net profit and loss chart has been clearly displayed, and investors will experience a clear peak in profit taking during the price increase phase. We are likely to see one or two waves of profit taking before the price enters a deep correction. Every wave of profit taking will be accompanied by short-term corrections and consolidation, but as long as the peak net profit achieved does not exceed the previous extreme value or the scale is comparable, the bull market trend will remain intact. Ideally, these healthy corrections will cool the market from an excessively overheated state, thus continuing the upward trend.