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#WCTCTradingKingPK Looking at Bitcoin and other altcoins yesterday, they were indeed undergoing a significant correction due to global risk-off sentiment. BTC dropped quite sharply, but interestingly—if you look at the weekly chart, big coins and Ethereum are still overall in the green. This indicates that institutional accumulation might still be ongoing in the background, they are holding positions despite temporary pressure.
It seems that yesterday's decline was more due to macro factors—high interest rates, inflation concerns—rather than changing crypto fundamentals. Trading volume also wasn't as large as we usually see during panic selling. If Bitcoin can stay above the 20-day moving average, this could be seen as a healthy pullback before the next move.
Latest data shows BTC +0.51% (24h) and +2.61% (7d), ETH +0.16% (24h) but -1.73% (7d). So basically, big coins are still maintaining momentum this week despite yesterday's dip. In my opinion, this is a normal consolidation phase—markets are trying to find equilibrium between long-term optimism and real macro pressures. Just watch whether the support levels hold for next week.$BTC $ETH