Short term capital retreat! Will it crush 80000?

BTC is currently trading around $79921, up 1.35% in 24 hours and 7.17% on the 7th, approaching $80000 again. The biggest change in the market is the divergence between institutions and short-term funds. The net outflow of BTC short-term spot within 24 hours was about $700 million, but last week BTC ETF still had a net inflow of $1.918 billion. This is more like cashing out high-level funds rather than a comprehensive withdrawal of institutions. Analysts believe that what really needs attention is leverage. BTC perpetual holdings have risen to approximately 108900 coins, with the Panic Greed Index reaching 73. If the 80000 US dollars cannot stand firm for a long time, chasing long funds to close positions may further amplify the pullback. There are three key warning positions to focus on: a breakthrough at $80000, a retracement at $78000, and a risk at $76500. Among them, $78000 is particularly crucial. If the spot outflow continues to expand after falling below it, the short-term adjustment pressure will significantly increase. Risk Warning: The above is only for market information sharing and data analysis, and does not constitute any investment advice.