Bitcoin fell below $80,000, near to $77,500 support level, as market volatility accelerated and liquidations rose.The long-short ratio dropped to 0.81 as short positions accounted for 53% of transactions.Crypto derivatives incurred $207 million in liquidations, with Bitcoin’s value being correlated with global liquidity patterns.Bitcoin closed Q1 2025 with an 11.7% loss, marking its lowest-performing first quarter since 2014.