#加密市场回调

1. A pullback is a normal market phenomenon

• The cryptocurrency market is highly volatile, and a significant short-term rise will inevitably attract profit-taking and technical adjustments.

• For example, a 10-20% decline of Bitcoin from its peak does not indicate a trend reversal but rather a healthy correction.

2. Rapid changes in capital sentiment

• Funds withdrawing from high-risk altcoins and shifting towards mainstream coins (BTC, ETH) is a defensive strategy.

• Rising trading volume of stablecoins indicates a strong wait-and-see atmosphere in the market.

3. Macroeconomic and regulatory risks are incentives

• Including the U.S. stablecoin bill, ETF application dynamics, and the uncertainty of Federal Reserve interest rates, which often trigger short-term panic.

• Restrictions on privacy coins by the EU have also led to some capital outflows.

4. Strategic recommendations

• **Short-term:** Avoid chasing highs, set stop-losses, and wait for confirmation of technical support levels.

• **Medium to long-term:** Accumulate quality coins in batches during pullbacks to establish a better cost basis.

• **Tools:** Use technical indicators like RSI and MACD to find oversold signals.

5. Mindset is the most important

• Market pullbacks are a mirror, reflecting investors' greed and fear.

• Maintaining discipline is more important than short-term fluctuations.