#HasTheMarketDipped?

Has the market dipped.
Yes, the market is currently in a controlled pullback phase, not a crash.

Bitcoin recently faced rejection from the upper resistance zone near the previous highs. After failing to hold above that level, price moved lower to test demand areas. This type of move is normal after a strong rally and usually helps the market cool down before the next directional move.

Bitcoin structure is still bullish on the higher time frame. The current dip looks like a liquidity grab and profit taking rather than trend reversal. As long as Bitcoin holds its major support zone, the overall trend remains intact.

Key Bitcoin zones.
Major support sits around the recent demand area where buyers previously stepped in.
Resistance remains at the previous rejection zone where selling pressure increased.

Ethereum followed Bitcoin and showed a sharper pullback due to higher volatility. ETH dropped faster because it had moved aggressively earlier. This correction is healthy and helps reset funding rates and leverage in the market.

Altcoins are feeling more pressure because when Bitcoin pulls back, liquidity shifts away from smaller coins first. Many altcoins are revisiting their support zones. This does not mean weakness in projects. It is mainly market rotation and risk reduction.

Market sentiment right now.
Short term sentiment is cautious.
Leverage has been flushed out.
Spot buyers are slowly absorbing selling pressure.

This dip is mainly driven by.
Profit booking after a strong move.
Liquidation of over leveraged long positions.
Short term uncertainty and fear in the market.

What this dip means.
This is not a bearish market confirmation.
It is a normal retracement within a broader bullish structure.
Smart money usually accumulates during such phases, not at tops.

Conclusion.
Yes the market has dipped, but it looks healthy and technical. If key supports hold, this dip can turn into a strong base for the next upward move. Patience and price action confirmation are important at this stage.