#MarketCorrectionBuyOrHODL
Market Correction ✨️
A market correction refers to a temporary price decline that occurs after a period of upward price movement or overvaluation, typically defined as a price drop of 10% or more from its recent peak.
Market corrections can help the market stabilise, as overly inflated prices are ‘corrected’ to more realistic levels. Corrections are a normal part of market cycles and can occur in response to factors like excessive speculation, profit-taking, and external events, to name a few.