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

I warned everyone about this two 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 the time was straightforward: don't chase altcoins in the short term, the risks are considerable.

Shortly after I said that, the evening price action indeed moved downward. However, the good news is that the support level around 9.1K below is very solid — the price tested down to that area and bounced, currently consolidating above 9.2K.

At this pace, it looks like we'll need to consolidate for a few more days before continuing to push higher. $BTC and $ETH are moving basically in sync, and this correction is healthy.