
Why is $BTC sliding? The main pressure is coming from forced selling as leveraged longs continue to get liquidated. This looks more like a leverage flush than a complete collapse in spot demand. Key levels I'm watching: - Resistance: $77.7K–$78K - Immediate support: $76.3K–$76.5K - Next major support: $75K Oversold conditions don't automatically mean a bottom is in, especially with macro pressure still weighing on risk assets. $76.3K–$76.5K is the level to watch. Hold it, and a relief bounce is possible. Lose it, and $75K could be next.
