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In the crypto world, it's often a case of 'slow rise and sharp fall,' which mostly occurs halfway during a Rebound or bull run. In simple terms, this is the classic Whipsaw in a Bull Market.
A coin that has risen for a few days is suddenly hit by a big drop, wiping out the gains of the past few days in just one day. As a result, newcomers and those who cannot bear it are scared into giving up their chips.
When it falls to a certain level and stabilizes, it slowly starts to pump again. When the stock price retraces to a new high and rises to a certain level, more people follow suit, and the main funds come back with this routine, suddenly slamming on the brakes in the middle of the pump. This kind of decline, fast in speed, short in time, the market can drop by 5%-10% in a few days, sometimes deeper, it can drop by 15%-20%. But don't worry, it will all stabilize near important support levels.
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