#MarketPullback Crypto Markets Retreat After Week of Strong Momentum
May 5, 2025 – Binance Square
After several days of sustained rises, the cryptocurrency market experiences a technical pullback. Bitcoin (BTC) fell by 3.4% in the last 24 hours, settling below $61,000, while Ethereum (ETH) dropped by 2.8%, trading near $3,000.
This movement is interpreted by analysts as a healthy correction following the strong capital inflow driven by positive macroeconomic data and renewed institutional interest.
Key factors of the pullback:
Profit-taking after April's recovery.
Moderate expectations regarding the upcoming interest rate decision by the Fed.
Slight decrease in trading volume on major exchanges.
Despite the drop, technical indicators show that BTC and ETH remain above their key moving averages, suggesting that the medium-term bullish trend has not yet been invalidated.
Opportunity or warning sign?
For many traders, this type of pullback represents a possible strategic entry before new bullish impulses.
