$BTC Reason for Local Correction

Today the altcoin market reacted with quite a good correction, this happened due to a sharp rebound in Bitcoin's dominance, which increased by 2%.

It may seem that the market is standing still, while altcoins are showing quite significant correction impulses; why is that? Friends, I want to tell you that this is a normal pullback that always occurs after a decent rise.

Many newcomers who have just entered the market still think that if an asset is 'promising,' it should move exclusively upward without any significant corrections. However, this is not the case at all; even in a bullish market, after good growth impulses, a pullback always follows. Otherwise, too many people would be making money on the rise, which is not beneficial for the market itself.

Therefore, it is not worth perceiving a correction negatively. This is a necessary pullback after which we will see further growth and the breaking of higher values. Don't worry, the growth is just beginning; local pullbacks happen specifically to shake out 'passengers' and weak hands in the market.