$BTC This plunge from 79,229 directly down to 77,088—within 24 hours, it fell 2.33%, with trading volume of $1.03 billion. That volume isn’t small for ordinary times, but you need to know that over the past week, BTC’s average daily trading volume has been above $1.5 billion. I’ve noticed a signal: today’s drop was on decreasing volume, and the low at 77,088 is exactly sitting on a key prior turnover (turning-over) level. Retail traders are cutting losses there, but big players haven’t moved.

Now let’s talk about US stocks: Iran got hit by strikes; oil prices jumped; the S&P and the Nasdaq both collapsed together. But look closely—today’s headline article titled “If a crash happens, buy these two AI stocks.” In a period of panic during a downturn, such a headline appearing by itself is a tell. Smart money is using bad news to accumulate shares, not to run for the exits. What retail sees is bombs and oil prices; what I see is big players quietly rotating positions—swapping floating supply in tech stocks into more resilient leaders in energy and AI compute. For example, companies like Expand Energy: they were specifically mentioned today despite the market, which isn’t a coincidence.

In the order book, around 77,500 there are lots of buy orders stacked. But they aren’t being snapped up in one go—they’re layered, posted in tiers, like casting a net. This way of placing orders is something institutions commonly do; retail traders wouldn’t play it this way. They’re using time to create space—waiting for the panic sell orders to dump themselves so they can catch the supply.

In the short term, BTC may still churn between 77,000 and 78,000 for a while, but as long as 77,000 doesn’t break, this level is a golden pit. My view is that this pullback is a shakeout, not a reversal. The BTC positions held by the big players haven’t been reduced; instead, around 77,000 they’ve added leveraged protection, waiting to ride the rebound and take a bite. You watch the price; I watch how they place and cancel orders—that’s the difference. Just wait: within this week, BTC will likely print a big bullish candle and pull back above 79,500. Then when you chase it, it’ll be too late. Do you agree?