#MarketPullback In recent months, the crypto market has experienced several strategic pullbacks, correcting after exceptional rises without falling into deep bearish trends. Bitcoin's rise above $112,000 in May, followed by retracements to $104–106,000, illustrates this pattern.
🔍 Main causes:
Profit-taking: After historical highs, a large part of the gains is realized, generating corrections of 5‑10%. Bitfinex confirms, "profit-taking has been aggressive... it can lead to short rallies and local tumbles."
Macroeconomic forces: Uncertainties such as tariff policies and caution regarding potential inflation or high rates maintain downward pressure.
Excess previous liquidity: High funding rates in futures and euphoria indicators (Fear & Greed above 70) often precede retracements.