3D Integrated Trading System | BTC Evening Strategy Update ——Both long and short positions are holding their ground, watching and waiting for non farm payroll data? ① Market Review and Verification In the morning, it was determined that the rebound around 65000 was blocked and the volume could continue to decline. During the two daytime tests, 65000 units were both pushed back, and after surging, the volume significantly shrank, while the high-level sideways structure continued. The prediction of 65000 repeatedly being blocked is being fulfilled, and the rebound strength is marginally weakening. The overall judgment is basically consistent with the market trend, and no new variables have broken the current pattern. ② Three dimensional integrated disc analysis 1. The strength of long and short positions at the 4-hour level After reaching a height of 65000, the volume can continue to shrink, and the momentum of chasing after the height is significantly weakened. This rebound is not about how strong the bulls are, but about the temporary rest of the bears. The high-level sideways structure is the easiest to harvest. 2. Daily trading volume and price volume relationship The daily volume price deviation remains effective, and the rebound foundation is unstable. Without new catalysts, it is difficult for prices to continue rising. Friday's non farm payroll was the biggest change of the week, with market expectations for 83000 new jobs. 3. Spatial location Fibonacci retracement framework anchored 57800 to 67500, with 0.236 at 65300. The current peak of 65000 has fallen back, hitting the lower edge of the predicted rebound high range and being blocked. The 64000 below is short-term support, while the 63000-63500 range is a chip intensive area on the chain. 4. On chain data tracking ETFs have had net inflows for three consecutive days, with a total net inflow of $244.4 million on Wednesday, totaling approximately $626 million over three days. BlackRock IBIT remains the main buying force. A certain whale has accumulated 1540 BTC (approximately $99.4 million) from Galaxy Digital and BitGo. CryptoQuant data shows that the holdings of giant whales have rebounded from approximately 2.87 million in December 2025 to approximately 3.06 million. At the same time, long-term holders (LTH) began to reduce their holdings after their holdings rose to a historical high of 16 million, and profit settlement has just begun. The demand/issuance ratio remains negative, and new buyers are insufficient to absorb the increased supply. In terms of order book, BTC's main players have accumulated a total of $1.149 billion in transactions within 24 hours, with a buy transaction of $393 million and a sell transaction of $757 million, resulting in a transaction difference of $364 million. The net pending order difference is $1.383 billion (positive), indicating that there are active takeover orders below the current price. ③ Comprehensive judgment and conclusion The long and short positions can continue to shrink, and the rebound momentum is marginally weakened. However, the short positions have not been able to increase, and the main force of the Air Force remains unchanged. ETF institutions have net inflows for three consecutive days, and the current long short game is quite tight. I personally predict that this rebound is coming to an end, with the only variable being Friday's non farm payroll data. The area above 65000-65700 is a strong resistance zone; Below 64000 is short-term support, and if it falls below, it looks towards 63000-63500. ④ Evening strategy adjustment Radical trader: light short position in the range of 64400-64700, stop loss of 65300, target of 63000-63500. If the volume exceeds 65700, the short position will leave. Steady trader: Wait for the release of non farm payroll data on Friday and observe the direction of volume before taking action. The direction of the data is unclear before landing, so it is not advisable to store it heavily. ⑤ Subsequent risk warning There are no major data releases tonight, and the market is likely to maintain a contraction oscillation within the range of 64000-65000. The closing performance of the US stock market may affect nighttime sentiment. Tomorrow's non farm payroll data is the biggest change window of the week, and the volatility before and after the data landing may significantly increase. ⑥ Interactive voting Two daytime tests of 65000 failed. Before the end of the farm, you will: A: Light warehouse test short, waiting for non farm negative market to make up for the losses B: Wait until non-agricultural land is established and the direction is clear before taking action C: I believe there will be a breakthrough and I plan to place multiple orders around 64K Which one would you choose? Tell me your judgment and reasons in the comment section.