With such a callback in the market, it's likely that most people are a bit anxious. To put it bluntly, there might be a sharp decline next, or it could just be a false alarm that pushes to a new high. But I think guessing this is not important; the key is to seriously consider whether the spot holdings in your hands can still rise to a new high if there is a real crash.

Squats are for jumping higher and further.