BTC What more is there to say about this market? Spot buy pressure is holding up the price, while leveraged long positions are piled up at the high end waiting in line for liquidation. Long accounts are 65%, long positions are 70%—this isn’t a bullish structure; it’s a plainly advertised list of longs to be slaughtered. That little bit of positive funding can’t save the market—if the price can’t break above 78,100, it’s basically handing ammunition to the shorts. If you short at the current price 75,955, the first target is 72,600, the second target is 71,000. Place your stop-loss at 79,500—if it breaks above, you’re admitting you were wrong.