#MarketPullback

A market pullback is a healthy market behavior because the market never moves straight up or straight down; it always takes a retracement. This usually happens due to profit-taking or when the market is overbought. Therefore, it is essential to implement proper risk management and set up a well-structured trade to avoid losses, especially since the crypto market is highly uncertain and volatile. Sometimes, volatility is driven by news, and the market may engage in liquidation hunts, which also causes pullbacks.

To protect your account from being wiped out, using a stop loss is absolutely necessary.

Best of luck, buddies!