Let me break it down for you in the simplest way possible. Imagine you're selling potatoes 🥔. One day, someone creates a big buzz about a fast food fair with a french fries contest 🍟, and suddenly, everyone rushes to buy potatoes! Demand shoots up, prices soar, and a few shady traders start hoarding potatoes, raising the price even higher! But guess what? After some investigation, the government steps in, reveals the truth about the total potato supply, and the price drops by 10%. That's a market correction.
Then, new sellers from other cities flood the market, prices drop another 25% as they rush to cash in! This is what we call a market pullback.
But it doesn't stop there. The government announces importing more potatoes from China, and BAM—prices crash by 50%. That’s a market crash.
Finally, the truth comes out: the whole fast food fair was a scam! As soon as the news breaks, the price of potatoes plunges to near zero. That's a market scam.
So, looking at the current bearish trend we're seeing, it feels a lot like a Market Crash. 💥
What do YOU think? Is this a pullback, a correction, or are we facing a full-blown crash? Let’s discuss below! ⬇️