BTC's price action today was quite interesting. After the theft at 4 PM last night, it continued to fall at the open this morning, directly testing the H4ob level of 765. After hitting a new low at 10 AM, it rebounded to 786, then fell all the way down after settlement, currently at 775. Specifically: 1) The Asian session opened lower, plunging to 765. 2) Monthly settlement occurred at 4 PM, with a settlement price of 78119.01. The biggest resistance level was 78000, just $119 away. After settlement, it fell all the way down to around 77.2k. 3) Liquidation Overview: Over the past 24 hours, $1.552 billion in liquidations occurred across the entire network, almost entirely long positions: $1.322 billion in long positions and $230 million in short positions. Over the past 12 hours, $621 million in liquidations occurred, with $522 million in long positions and $98 million in short positions. This $98 million was primarily from shorting during a rebound. 4) Liquidity Clearing Overview: Recent large-scale liquidity clearing occurred between $795 and $797, approximately $122 million. There were no significant clear support levels below, with orders scattered between $757 and $77. Pre-market US Stocks: US stocks are currently down in pre-market trading, mainly due to Intel's Q4 earnings guidance significantly missing expectations, impacting the semiconductor recovery. Therefore, Intel is down 25.27%, AMD is down 8%, Micron is down 4.85%, Broadcom is down 3.6%, and Nvidia is down 2.7%. Google was down 12.6% yesterday, but only down 0.59% pre-market today. Yesterday saw a sell-off in cloud computing, today in chips; it seems like the market is rotating between different sectors draining liquidity. Therefore, we need to watch the opening. Nvidia's performance is crucial. The chip issue is Intel's own problem, and the liquidity drain is limited to individual stocks. However, if the entire chip supply chain continues to decline, the Nasdaq will likely continue its fall, and BTC will also struggle to escape unscathed. So, currently, the trend is still bearish. We'll see how low it falls, whether it breaks the 75 level. The initial support level to watch is 757. For more real-time information, welcome to join our community: https://t.me/pabuerbtc