Definition ∞ A Price Correction Phase denotes a period during which an asset’s market value declines from a recent peak, often after a sustained upward trend. This adjustment is typically a healthy market process, alleviating overbought conditions and resetting valuations. It does not necessarily signal a long-term bear market, but rather a rebalancing of supply and demand. Such a phase is a natural part of market cycles.
Context ∞ In cryptocurrency news, discussions around a price correction phase focus on identifying its triggers, duration, and potential depth. Analysts examine technical indicators and market sentiment to determine if a correction is healthy or indicative of a more severe downturn. Understanding this phase helps investors manage expectations and adjust strategies.
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