The data behind this BTC dump is actually not too bad. - BTC dropped from $81,200 to $77,800 - Leverage traders have been heavily flushed out - Spot demand is still holding up pretty well If spot demand keeps strengthening while OI stays controlled BTC can attack the $80,000 level again. But if spot demand starts weakening while OI builds aggressively again, BTC could re-visit the $74,000 - $76,000 zone below.(CryptoReviewing)