BTC hits 64500 for the fourth time, bulls are clearing levels, but funds are retreating. What is the best trading strategy now? 】 Brothers and sisters, BTC has touched 6.45K for the fourth time, but there are only five words on the panel: hesitation and stalemate. First, let's take a look at a set of core data BTC is currently at 64100-64500, rebounding for two consecutive days and hitting the resistance zone of 64K-64.7K for the fourth time. Fear index 23, extreme fear; Prices are rising, emotions are not following, and the market is skeptical. ETF has had a net outflow for two consecutive days, with approximately $95.3 million yesterday and Fidelity FBTC having an outflow of $63.25 million. Prices are rising but funds are running, and divergence signals are accumulating. Polymarket shows that the probability of 64K stabilizing is only 32-50%, and the direction is uncertain. ⚔️ Long short stalemate: no one dares to take action first ❗ ️ On the bullish side, the daily chart has been bullish for four consecutive days, with a short-term bullish trend. But the volume is relatively mild and has not reached the level of "breakthrough in volume". The Gate Research Institute clearly pointed out that returning to 65.7K is the first hurdle for a credible reversal, and currently it is more like a rebound attempt in a downward trend. On the bearish side, funds are retreating: the net outflow of ETFs for two consecutive days is evidence. But the bears did not take the initiative to launch a strong attack, and only kept their sell orders around 64.7K, forming a sell pressure wall. There is no large amount of entrusted buying or selling orders in the order book, and both long and short positions are weak. The current situation is that both sides are waiting for the other to take action: they are deadlocked. The narrow oscillation pattern requires external catalysts to break. A catalyst to break the deadlock This catalyst is highly likely to be the CPI data on July 14th. Before the data is available, prices will not actively choose their direction. The current CPI is 3.8-3.9% year-on-year, and the core CPI remains around 3.5%. If the CPI is lower than expected and the expectation of interest rate cuts rises, it may become the trigger for an upward breakthrough. If CPI exceeds expectations and the US dollar strengthens, it may trigger a downward retracement. What is the best trading strategy now? The answer is: watch more and move less, cash is king, wait for CPI to land. Both long and short sides are currently observing. Polymarket data shows that the market believes there is a high probability of holding onto 62K, but there is a clear lack of confidence in going above 64K. In this pattern, going long or short is a gamble without any signal support. So, the best trading strategy now is to take a short position and wait for the results of 6.45K and CPI. Two triggering conditions: Short selling: Long upper shadow or continuous bearish candlestick confirmed blocked at 64.5-64.7K → Target 63K, stop loss 65.2K; Long: Increase volume and stabilize at 64.7K (≥ 1.5 times average) → target at 65.7K, stop loss at 63.5K. Let 64K produce the results first, and let the K-line confirm its direction before proceeding. Bitcoin BTC 3D Integrated Trading Analysis