The pullback in the encrypted market of #加密市场回调 refers to the phenomenon where prices temporarily decline during an upward trend, which is a normal market fluctuation. The magnitude, duration, and triggering factors of the pullback vary, and investors need to analyze rationally to avoid panic selling or blindly bottom-fishing.

Pullbacks are a normal occurrence in a bull market**; historical data shows that BTC often experiences pullbacks of over 30% during halving events.

- **Focus on triggering factors**: If triggered by macroeconomic negativity (such as an economic recession), the adjustment might be deeper; if it's merely technical selling pressure, there may be a quick rebound.

- **Strategy over prediction**: Avoid FOMO chasing highs or FUD cutting losses, and plan positions reasonably.

It is recommended to use on-chain data (Glassnode, CryptoQuant) and derivative indicators (Coinglass) to assist in decision-making $BTC