Glad to welcome all residents of the Temple 🏛️

The market is in red, so let's delve deeper into the topic of corrective movements.

📢 A correction in the market is not an enemy, but our friend!

A bullish trend begins, the crowd doesn’t really believe in it —> the trend continues, the crowd starts to consider buying —> The market is overheated and needs to cool off, the crowd wants to buy due to FOMO… the market goes down. This is the eternal classic!

😠🙄 Corrections cause fear among many market participants, but in reality, they are necessary. It is merely an intermediate phase within the main bullish trend⚡️, which allows the market to cool, unload indicators, and correct overvalued asset quotes.

🟠 Why are corrections useful?

1. Restoring balance: Price declines help to balance the market (sharp explosive growth = imbalance).

2. New entry points: This is an opportunity to buy promising assets at a lower price without "jumping in at the highs".

3. Earning on shorts: Corrections are an opportunity to profit from declines🪙 (which is always nice) by opening short-term short positions (shorts) with the aim of maximizing profits.