There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
Definitely investors will always have their target price to take profits and this do continue to happen in the cause of the market because different investors invested in different time and will seek to take profits at different times hence the constant correction in the market.