Just took a quick look at the bitcoin:native CME gap—it's basically filled. The higher the market goes, the more selling pressure and short positions we’re seeing. Spot and contract CVD are currently showing outflows, and there’s still the risk of the CME gap being fully filled. If it can’t break through 84k in one go in the short term, this rebound is likely to end. Ever since breaking 80k, the upper levels have been packed with short liquidity. The pattern has been: rise → liquidation → pullback. If the market remains strong, it might test the 84k level again (assuming MicroStrategy keeps buying). Today, the focus is on the 80k support level. If support holds, the bulls could still have upward momentum. If it doesn’t, we’re looking at a drop to 77k.