#MarketPullback
A crypto pullback, also known as a retracement, is a temporary reversal in the price movement of a cryptocurrency. A pullback occurs when the price of a crypto asset experiences a short-term decline after a period of upward movement. Pullbacks are considered a normal and healthy part of any market cycle, including the cryptocurrency market.
Crypto pullbacks typically manifest as a brief pause in an overall uptrend, enabling the market to consolidate before continuing its upward trajectory. These movements are often seen as opportunities for traders to enter positions at more favorable prices, assuming the overall trend remains intact.