**Market Update đŹ**
The current market picture looks rather sluggish, especially the altcoin sector, which has dropped another 10â15% over the past two days and is showing weak recovery momentum, failing to follow Bitcoinâs lead.
Many believed the correction was already over and that the market was ready to continue climbing to new highsâwithout significant pullbacks. However, the opposite happened. Since most traders were positioned in longs, the market couldnât sustain upward movement, as that wouldnât have been beneficial for the market itself.
As a result, a mass liquidation of long positions occurred, rebalancing market sentiment and creating more favorable conditions for further growth.
So, remember this key rule for the future: after every significant rally, be prepared for an equivalent pullback. Endless growth doesnât existâliquidity for upward movement accumulates from below, not at the highs. Keep that in mind.