Market Correction: A Brief Overview
A Market Correction occurs when the market falls by at least 10% from its recent peak. It is not a crash, but rather a natural way for market prices to return to a "normal" or sustainable level.
Why does it happen? It usually occurs when prices become overextended (too high) or when investors start booking their profits.
An Opportunity for Traders: Smart traders don't panic during a correction; instead, they see it as a chance to buy quality stocks at a discounted price.
The Outcome: After a correction, the market often recovers and tends to trend upward with even more strength than befor#MarketCorrection #PreciousMetalsTurbulence #FedHoldsRates
ETH
1,954.03
-2.48%
XRP
1.378
-2.13%
BTC
67,041.65
-2.29%