Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A pullback on the crypto market refers to a temporary correction in prices after a strong bullish or bearish trend. This phenomenon, often observed in technical analysis, occurs when the price of an asset returns to test a previously breached support or resistance level. The causes of a pullback can be multiple: regulatory uncertainties, profit-taking after a prolonged rise, market manipulations by major investors, or macroeconomic factors such as inflation or interest rate fluctuations. Although pullbacks can signal a trend reversal, they are often seen as opportunities for traders to enter the market at a more advantageous price before the dominant trend resumes. However, thorough analysis is essential to differentiate between a simple pullback and a lasting reversal.
#Crypto Market Pullback #New Coins in Focus #PI Price Trend Analysis