In the past few hours, BTC has experienced a rapid pullback of nearly 3%, dropping from yesterday's high of $109,239 to around $106,670. ETH also briefly fell below the $2,480 support.
Short-term consolidation is a common operation for profit-taking in the market and is not bad news.
On-chain observations show that large holders are steadily increasing their BTC positions, while the supply of BTC on exchanges has fallen to a five-year low. This accumulation clearly indicates that big funds are bullish in the medium to long term.
At this stage, do not be frightened by minor fluctuations; BTC and ETH remain the focal points of the market.
There may be continued fluctuations in the short term, but in the medium to long term, the trend remains clear—holding firmly and patiently observing is currently the most prudent strategy.
Do not panic!!!! $BTC