#MarketPullback After a strong rally, many assets are retracing—Bitcoin dipped toward $94K and major altcoins are testing support. Here’s how to interpret and act on these pullbacks:
What’s Happening?
Profit-Taking: Traders are realizing gains, pushing prices lower.
Macroeconomic Headwinds: Uncertainty around interest rates and inflation is weighing on risk assets.
Technical Exhaustion: Overbought indicators suggest a pause or reset is overdue.
Why It Matters:
Pullbacks can clear excess leverage and set the stage for the next leg up.