Recently, many cryptocurrencies have experienced a pullback, and panic has begun to spread in the market. Many people are searching for and speculating on the reasons for the pullback, and even if there is no reason, they feel compelled to find one. After all, the market has pulled back, and it's hard to shake the feeling that something is off if no reason is found. My personal view is: why complicate things?
It's perfectly normal for the market to pull back after rising for a while. With so many derivatives in today's trading market, including contracts, leverage, and lending, the market movements are becoming increasingly unpredictable, which is entirely normal. Not every rise and fall has a reason; the reasons you see are often what someone wants you to see.
If you enjoy contracts, like studying charts, and researching technology, click on my avatar. I have years of experience and tips in the cryptocurrency space, which I share freely. I'm here in the circle, always online, and welcome discussions and mutual growth. Check out my homepage and follow the public account to join the group.