The S&P 500 is due for a 12% pullback.The S&P 500 is due for a 12% pullback.
Based on previous price action, every time the price overextends approximately 12% above the 200 EMA, it typically results in a pullback to the 200 EMA support.
This could affect the crypto market in the short term. Over the next two weeks, we may see a potential correction in the crypto market.(SHORT-TERM).
If we see that correction, that could be a good time to load up in some of the altcoins.