$70 million multiple orders approaching liquidation, BTC at $76300 risk line

BTC has fallen to around $76856, and a giant whale long order worth approximately $70 million is approaching the clearing zone. The address opened 911.5 BTC at around $77733, with a clearing price of approximately $76308. The current price has fallen below its opening cost and is about $550 from the liquidation line. If $76300 falls, large passive selling may further amplify short-term volatility. The market structure is still squeezing the bulls: -24-hour online stock explosion of 1.717 billion US dollars -Multiple liquidation of 1.344 billion US dollars, accounting for approximately 78% -In the past hour, there have been multiple orders with a liquidation of approximately 30.41 million US dollars -BTC and ETH have net outflows of $1.278 billion and $1.229 billion, respectively -The Panic Greed Index has dropped from 69 to 56 Traders will focus on two positions next: -$76300: Whale Clearing Area, Beware of Chain Clearing after Loss -Near $77700: Whale's opening cost, regaining stability can help alleviate bullish pressure In the general downward trend, some funds are still rotating towards non mainstream L1 markets. APT has risen by 4.96% in the past 24 hours, while NEAR and DOT have risen by approximately 27% in the past 7 days. Before BTC stabilizes, strong altcoins may still face downside risks. ZEC fell 11.83% in a single day, showing a significantly weaker performance than the overall market. In the short term, it is necessary to pay separate attention to its position changes and potential liquidation pressure. The vicinity of $76300 will directly affect the subsequent fluctuations. If the position of the giant whale triggers liquidation, we need to be alert to passive selling and continue to expand; If the price stabilizes and rises back to $77700, there will be a chance for bullish pressure to ease. AiCoin Smart Money can continuously track the position, clearing price, and subsequent operations of the address. The data is for reference only and does not constitute investment advice.