#加密市场回调 The cryptocurrency market has seen a correction this week, with Bitcoin's cumulative drop exceeding 5% and the current price hovering around $95,000. Ethereum has dropped nearly 15%, with a price around $3,200. Major cryptocurrency exchange-traded funds have also interrupted several days of inflows amid the ongoing decline in the crypto market. The global cryptocurrency market has fallen about 2% to $3.34 trillion, with trading volume increasing by 3.42% to $280 billion. The Fear and Greed Index remains at 62, indicating that market greed continues to persist.
The current trend is still upward; the pullback is only temporary. The overall direction remains bullish, but occasionally short positions may be needed to make some profit in the short term, as pressing the accelerator while going downhill will only lead to further declines, not gains. When the vehicle reaches a buffer zone and levels off, it is relatively stable to go long here. Likewise, do not engage in short selling; doing so in a bull market is more of a short-term response tactic when reaching phase peaks. $BTC