MorenoDV_ indicates that if BTC can break above and hold at $80k, it will turn resistance into support; if rejected, it may generate significant selling pressure and extend the correction into the second quarter. Currently, ETF investors' realized price is about $76,400, close to the spot price of $76,300, nearly breaking even; short-term holder whales' realized price is around $79,600, still with an unrealized loss of about $940 million. Historically, capital trapped in losses often triggers selling pressure. BTC in the $76,000-$80k range, with $80,000 being an important psychological threshold as well as a breakout level.