#MarketPullback
A pullback refers to a temporary and moderate decline in asset prices (stocks, cryptocurrencies, etc.) after an upward trend. It is different from a crash (a severe drop) or a bear market (a prolonged downtrend).
Key Features:
Short-term: Typically lasts days or weeks.
Moderate drop: Usually between 5% to 10% from the recent peak.
Causes:
Profit-taking by investors (taking gains).
Negative economic news.
Technical market adjustments.
Example in Cryptocurrencies:
"Bitcoin experienced an 8% pullback after hitting $70,000, but analysts believe it’s a normal correction before resuming its uptrend."
What to do during a pullback?
Opportunity: Some investors buy the dip (buy low to sell high later).
Caution: Don’t mistake it for a trend reversal (use technical/fundamental analysis).