#MarketPullback A pullback refers to a temporary decline in price during an ongoing upward trend. In crypto markets, a pullback can last anywhere from a few hours to several days, depending on market volatility and external factors like news or regulatory announcements. However, this minor drop in price is often viewed as a buying opportunity for traders, especially those who missed entering during the initial trend reversal.
Pullbacks allow traders to purchase an asset at a discounted price before the market resumes its bullish trajectory. The key is to identify whether the pullback is a minor correction or the start of a full-blown reversal. Using technical indicators can help clarify this distinction.