#MarketPullback Characteristics of market pullback:

1. 📉 Price drops after a sharp increase.

2. ⏳ Short duration (a few hours to a few days).

3. 🕯️ Usually appears as a retracement on the chart (not a reversal).

4. 🛒 Often utilized by traders to buy at a discount price (buy the dip).

Example:

For instance, if Bitcoin rises from $50,000 → $58,000, then drops to $54,000, and then continues to rise again to $60,000. The drop to $54,000 is referred to as a pullback.