I just reviewed the data and see that more than half of Bitcoin holders are in the red after the price failed to hold at the key level. BTC is at $73.28K with just +0.56% in the last 24 hours, showing quite a bit of weakness considering where we were not long ago.

The interesting thing is that when an important support fails like this, many are forced to liquidate positions. It’s the classic domino effect in the market. I’ve seen several traders using technical analysis tools like inverted hammer patterns to identify where the next stops might be, but honestly, it seems most people were simply surprised by the speed of the move.

The question now is whether this is a temporary rebound or if we’re heading lower. With more than half of investors in losses, psychological pressure is real. Some are waiting for the next buying opportunity, others have already given up. What do you think happens next?