Recently, many cryptocurrencies have experienced a pullback, and panic has begun to spread in the market. Many people are looking for and speculating on the reasons for the pullback, even if there is no reason, they have to find one, as the market has pulled back and it always feels odd not to have a reason. My personal view is: why make it so complicated? It is very normal for the market to pull back after rising for a period of time. The current trading market has so many derivatives, with many contracts, leverages, and loans available, which leads to an ever-changing market situation; this is very normal. Not every rise or fall has a reason; the reasons you see are likely to be what someone wants you to see.
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