Definition ∞ An ETH price correction refers to a significant downward movement in the market value of Ethereum (ETH) following a period of upward price momentum. This adjustment is generally considered a healthy market reaction, allowing prices to consolidate after rapid gains. It typically involves a percentage decrease from a recent peak. Such corrections are a natural part of market cycles.
Context ∞ Crypto news frequently covers ETH price corrections, which can cause short-term investor concern but are often viewed by analysts as opportunities. Understanding whether a price drop is a correction or a more severe downturn is crucial for market participants. These events often precede renewed price stability or further upward trends, providing context for future market movements.
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