No need to panic. Bitcoin's Monthly Open is holding like steel right now, and that's a key level to watch. Looking at the short-term technicals, I expect BTC to test around 77.4K overnight, then push toward 78.5K. After that, all eyes will shift to the CME futures gap above us. Once that gap gets filled, I'll be watching closely to see if buyers can defend the upper range. If not, we could see a sharp reversal and a deep liquidation sweep down to the 74K zone, where leverage is heavily concentrated. Stay sharp. The structure is clear.