Bitcoin got punished pretty badly this round—couldn’t hold the 77,000 level, and in the short term a wave of stop-loss orders was blown out.

$BTC ‌
Brothers, I just took a quick look at the chart—Bitcoin directly drilled through the 77,000 “iron floor.” The low touched around 76,975, and it’s down 2.3% over the past 24 hours.

It may not look like many points, but once this position breaks, the whole situation changes. 77,000 was originally a psychological line for a lot of people, and for perps longs, stop-loss orders are very likely clustered around this area. Once that gets poked through, a chain reaction of liquidations kicks in, and the sell-off downward gets especially smooth. This kind of takedown isn’t retail panic—either small players are stampeding, or big players are pulling the chair away.

What’s the biggest thing to worry about right now? A slow, downward drift on shrinking volume. If it were a big-volume sell-off, you might still have a chance to bet on a rebound—but you’re afraid of this kind of “just sliding down a little at a time” move, because there’s basically no money willing to step in and catch the falling knife. Over in the US lately, things haven’t looked great. The tariff strings are still tight, tech stocks haven’t fully recovered, and once sentiment syncs up like this, the crypto market has to lie low first, to be safe.

If you still have rounds left, don’t rush in yet. For the market to stabilize, it needs volume to pull price back above 78,000, otherwise you won’t be able to breathe through this. The next fairly solid support range to watch is 74,000–75,000. Once you get there, observe whether there are any bottoming signals.
#比特币反弹
Are you guys setting orders and waiting to buy the dip, or have you already cut your losses and are just watching? Come to the comments and vent your pain—let’s see who’s more miserable than who.