If 77k can't hold, the leverage will blow up. Right now, it's a race to see who can run faster; reduce positions first to save your life.

Bitcoin hovers around $80,350, not breaking the $82k resistance, with ETF cost basis, 200-day moving average, and CME gap overlapping. The CLARITY Act passes the Senate, regulatory optimism, institutional funds continue to flow out, with a net outflow of about -$88 million per day on the 7th. U.S. Treasury yields rise, the 10-year yield is about 4.52%, April CPI year-over-year is 3.8%, rate cut expectations are delayed, geopolitical conflicts push energy prices higher. Options show resistance at $82k-$84k, with $77k as a key support; if it falls below and leverage is not reduced, a deleveraging phase may begin.