Pullback is a trading term that refers to a temporary drop in price after a period of significant increase. In the context of crypto and blockchain, a pullback refers to a temporary price drop of a crypto asset such as Bitcoin or Ethereum after a short period of sharp price increases. Pullbacks are often considered a normal and healthy price correction after a massive run-up.

Pullbacks can be caused by several factors, such as profit-taking from investors selling their assets after a price increase, short-term market concerns, or natural price adjustments after a price spike that is too high.

Many traders and investors see pullbacks as an opportunity to buy crypto assets at prices lower than the previous price peak. However, it is important to monitor whether a pullback is just a temporary correction or the beginning of a larger downward trend in prices (bearish). Pullbacks are often analyzed using technical indicators such as trend lines, support/resistance levels, or candlestick patterns to determine the right level to buy back in after a price drop.