BTC worth $77,169—can you actually buy it now?
First, the surface story: in one week it’s up 22.7%, jumping from 62,724 to 79,556, then retracing back to 77k.
Longs are cheering, shorts are counting losses.
So what now? The buy/sell ratio has dropped to 0.46—sellers are overpowering buyers. Is the main force distributing, or is this just a washout? No one knows.
First thing: the $2.7 billion shorts are already gone.
From the 63k breakout, how many shorts got wiped out trying to wait for a pullback?
Add at 57k, add again at 65k, stubbornly hold at 72k—the entire $2.7 billion short position was liquidated.
Plainly speaking: this rally wasn’t “bought up”—it was shorts that “lifted” it themselves.
After the short squeeze ends, what can make it keep rising? Only real buy orders.
Second thing: OI didn’t follow the rally—this is a warning signal.
From 63k to 79k, the price is up 26%, but open interest only rose from 102k to 107k—an increase of just 5%.
In a normal short-squeeze cycle, after the move ends, OI should expand clearly—new long positions come in to take over.
But right now, over the past hour, OI is still barely declining.
In plain terms: shorts have exited, but new longs haven’t arrived yet. Price is hanging around 77k with nobody propping it up.
Third thing: ETF inflows total $1.9 billion, but will institutions act over the weekend?
This week’s ETF net inflow of $1.9 billion is the strongest since October 2025.
However, ETF trading happens during US stock market hours—weekends are basically a dead zone.
The real test is Monday’s open: if inflows continue and price breaks above 80k, it can challenge fresh highs; if inflows stop, 76k may not hold.
Key levels
Resistance overhead: 78,749 (dense liquidation/short-squeeze area) → 79,556 (this week’s high) → 80,000 (psychological round-number)
Support below: 76,245 (dense long liquidation area) → 75,000 (strong support) → 73,000 (stop-loss line)
Trading strategy
For those with no position:
Don’t chase. Wait for a pullback to 76,000–76,500 and build positions in batches. Stop loss below 73,000. Targets: 79,500–80,000.
For those already in a position:
Hold. There’s only one sell signal—if the daily candle closes below 75,000.
Until it reaches that level, don’t get shaken out by small moves around 76k.
Long-term believers:
No change. The target is 100k+ this cycle. Letting go over a few hundred dollars of volatility will be regretted for life.
That one “buy pressure” step that hit 62k doesn’t mean you should also expect the next step to be another “wipeout” at 62k.
#BTC #BULL_TREND #liquidation cluster
First, the surface story: in one week it’s up 22.7%, jumping from 62,724 to 79,556, then retracing back to 77k.
Longs are cheering, shorts are counting losses.
So what now? The buy/sell ratio has dropped to 0.46—sellers are overpowering buyers. Is the main force distributing, or is this just a washout? No one knows.
First thing: the $2.7 billion shorts are already gone.
From the 63k breakout, how many shorts got wiped out trying to wait for a pullback?
Add at 57k, add again at 65k, stubbornly hold at 72k—the entire $2.7 billion short position was liquidated.
Plainly speaking: this rally wasn’t “bought up”—it was shorts that “lifted” it themselves.
After the short squeeze ends, what can make it keep rising? Only real buy orders.
Second thing: OI didn’t follow the rally—this is a warning signal.
From 63k to 79k, the price is up 26%, but open interest only rose from 102k to 107k—an increase of just 5%.
In a normal short-squeeze cycle, after the move ends, OI should expand clearly—new long positions come in to take over.
But right now, over the past hour, OI is still barely declining.
In plain terms: shorts have exited, but new longs haven’t arrived yet. Price is hanging around 77k with nobody propping it up.
Third thing: ETF inflows total $1.9 billion, but will institutions act over the weekend?
This week’s ETF net inflow of $1.9 billion is the strongest since October 2025.
However, ETF trading happens during US stock market hours—weekends are basically a dead zone.
The real test is Monday’s open: if inflows continue and price breaks above 80k, it can challenge fresh highs; if inflows stop, 76k may not hold.
Key levels
Resistance overhead: 78,749 (dense liquidation/short-squeeze area) → 79,556 (this week’s high) → 80,000 (psychological round-number)
Support below: 76,245 (dense long liquidation area) → 75,000 (strong support) → 73,000 (stop-loss line)
Trading strategy
For those with no position:
Don’t chase. Wait for a pullback to 76,000–76,500 and build positions in batches. Stop loss below 73,000. Targets: 79,500–80,000.
For those already in a position:
Hold. There’s only one sell signal—if the daily candle closes below 75,000.
Until it reaches that level, don’t get shaken out by small moves around 76k.
Long-term believers:
No change. The target is 100k+ this cycle. Letting go over a few hundred dollars of volatility will be regretted for life.
That one “buy pressure” step that hit 62k doesn’t mean you should also expect the next step to be another “wipeout” at 62k.
#BTC #BULL_TREND #liquidation cluster
