$BTC saw around $296K in long liquidations at $78,022.42, signaling short-term downside pressure as leveraged bullish positions were forced to close around the $78K level.
Key Levels
Current Trigger: $78,022.42
Support: $77,500
Major Support: $77,000
Resistance: $78,500
Next Target: $79,000
⚠️ Holding above $77,500 could stabilize the pullback. A sustained break below $77,000 may trigger further long liquidations, while reclaiming $78,500 would restore stronger upside momentum.
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