Latest Market Report: Short Trial+Horizontal Volume, BTC is Waiting for the 'Last Boot' BTC's current price is around 76400, and the 4-hour chart shows a long upper shadow and a negative shadow, indicating a significant increase in trading volume. This is not a 'long short stalemate', the bears are already testing the market. 1. Let's take a look at this set of data first. BTC current price: 76400-76500 4-hour candlestick chart: long upper shadow, negative line+volume increase 4-hour fluctuation range: 76406-76493 (only 87 points) Continuous ETF outflows: Over 2.2 billion US dollars accumulated in two weeks Key support: 76000-76400 Strong resistance: 77500-78500 2. Market Status: Short Trial Market, Horizontal Volume Market. The 4-hour chart continuously displays cross lines and small entity K-lines, with prices running in a very narrow range of 76400-76500. But the most crucial structure in the screenshot is a long upper shadow and a negative shadow, which significantly increases the trading volume. This is the "relative strength of bears" in the theory of natural trading - bulls attempt to rise, but are directly pushed back by selling pressure, resulting in insufficient upward momentum. The four hour long short volatility curve in recent days can be seen in the following chart. The long volume has declined, while the short volume has turned from weak to strong. In the past one or two weeks, there has been a gradual emergence of short sub volume energy! This indicates that the bears have not yet entered the market on a large scale, but they are already testing their defenses. 3. US Iran negotiations: 'It will take a few more days'. Rubio explicitly stated that the agreement "will take a few more days". Trump made it clear: if we can reach an agreement, we'll sign it; if we can't, we'll go back to the front line, and the scale will be even bigger than before. A military strike has occurred (the US bombing of missile positions in southern Iran), but this is not a termination of negotiations, it is a stacking of chips for "fighting while negotiating". There is still a possibility of reaching an agreement, but the time window has been extended from 'tomorrow' to 'within a few days'. 4. The impact on the trend of BTC. On May 23rd, when Trump announced a "rough agreement," BTC was pulled from 74200 to 77200. Now the bears are already testing the market, and 78000-78500 is the iron top verified four times. Even if the protocol is officially announced a few days later, the pulse height is likely to be suppressed at 77500-78500. 79500 is basically out of reach. 5. Trading strategy. Current operation: Horizontal volume trading+short trial trading, no new positions opened. Waiting for direction. Short selling conditions: rebound to 77500-78500 with a bearish signal, layout in batches. Stop loss 79500, target 76000 → 75500. Long condition: Do not go long temporarily. Unless the price stabilizes at 75500-76000 and a 4-hour bullish signal appears. Mid line empty position: There are already empty positions to continue holding. If the protocol pulse reaches 77500-78500, it is an opportunity to add inventory. 6. The final reminder. Long upper shadow line+high volume=bears are testing the market. The 'money slot' for protocol pulses has been lowered from 79500 to 77500-78500. Don't go long at this position, wait for the pulse to reach the resistance zone and look for a bearish signal. BTC, Bitcoin, 3D Integrated Trading Analysis, Short Trial, US Iran Negotiations