#MarketPullback A market pullback, also known as a dip or retracement, is a temporary decrease in the price of an asset or the market in general that occurs within a prevailing bullish trend. Imagine that the price is climbing a ladder; a pullback would be like taking a step down before continuing to rise.

Here are some key characteristics of a market pullback:

* Temporary: The main characteristic is that it is a short-term price movement. It does not signal a long-term trend change (reversal), but rather a pause or consolidation before the original trend is expected to resume.

* Within a bullish trend: Pullbacks occur when the market or an asset has been in a bullish trend and experiences a slight downward correction.