Market Trends - The market has experienced a series of pullbacks, with three to four instances of 3% declines occurring after a six-month period without any significant pullbacks [2]. - The recent market activity indicates a shift, as the previous trend of avoiding pullbacks has been disrupted, suggesting a potential change in market dynamics [2]. Retail Participation - The recent dip in the market was not primarily driven by retail traders, indicating a shift in market participation dynamics [3]. - The movement in the cryptocurrency market may have contributed to shaking out retail investors, suggesting a change in investor sentiment and behavior [3].