3. Correction
The cryptocurrency market is experiencing a correction today after a week of strong gains. Currencies like $SOL and $AVAX have dropped by between 5-10%, which is considered a natural and healthy correction. The correction provides the market with an opportunity to rebalance, allowing traders to re-enter at better prices. Some indicators like RSI have started to decline from overbought levels, which supports this expected technical behavior. There is no need to panic, as these periods are often suitable for gradual buying or repositioning, especially if the fundamentals of the project are strong.
#$SOL #AVAX$