“Since the early November peak, there have been four marked, step-like drops in the crypto market,” FundStrat, a global research firm, wrote in a Wednesday briefing. “After each drop there has been a recovery averaging 8.9% leading into the next drop. A noticeable difference between the current recovery and the previous ones is the volatility,” FundStrat wrote.
Source: https://www.coindesk.com/markets/2022/02/02/market-wrap-bitcoin-bounce-pauses-on-low-volume/