Old bears are losing millions of dollars, new bulls are entering the market: Is BTC going to be forced short?

BTC has fallen by about 1% in the past 4 days, with high and low points continuing to move downwards, and the short-term trend remains weak. But the latest 4-hour trading volume is only about 487 BTC, a significant decrease compared to the average of about 2300 BTC, and the market is waiting in the right direction. The large order has already divided the range: Selling pressure is intense between $78000-78200, with the largest single transaction approaching $6 million; There is continuous buying activity between $77400 and $77500, with a single transaction of approximately 70 BTC. According to Hyperliquid data, long short positions with 5-fold leverage currently have a floating loss of about $10.95 million, while about $7.74 million in new funds have entered the market to long BTC. The number of long short positions for large investors has reached 171:170, almost unchanged. Next, set up two price alerts: $78200: Once breached, short covering may continue to push up prices, and $80000 will once again enter the market. 76264 USD: Previously received two commitments, but after losing, the short-term structure further weakened. Pay attention to 75000 USD below. At present, there are short positions under cover above and large funds receiving goods below. Whether 78200 can break through may directly determine the direction of the next wave of fluctuations. Risk Warning: The above is only for market information sharing and data analysis, and does not constitute investment advice.