#以太坊大户持仓变化 BTC is repeatedly retreating at the 9.4K price level, which is a normal market correction.

I reminded everyone a couple of days ago—9.4K is not that easy to break through. From the daily chart perspective, this position has been suppressed multiple times during previous rebounds, with clear resistance above. So when the market rushed to this level, a pullback became a high-probability event. My suggestion at that time was straightforward: don't chase altcoins in the short term, the risk is considerable.

Not long after saying that, the evening market indeed moved downward. However, the good news is that the support level near 9.1K below is very solid—the coin price tested downward to that point and bounced, currently oscillating slowly above 9.2K.

Looking at this pace, I estimate there will be consolidation for a few more days before continuing to push upward. The trend of $BTC and $ETH is basically synchronized, this correction wave is healthy.