《Three-in-One Trading System｜BTC Evening Market Analysis (3/3): Structure and Key Conclusions》 4-Hour Structure: BTC is forming a consolidation box in the 77,000-79,500 range, with highs and lows gradually converging. After two wicks down to 77,000, the price recovered, forming an SFP pattern (Swing Failure Pattern), showing short-term resistance from the bulls. However, momentum weakened when the price rebounded above 78,500. During the sideways movement at the high, the lows showed tentative downward shifts, leaving the direction uncertain. Daily Structure: The daily chart remains in a pullback structure after the surge to 81,500. The 72,000-74,400 range is a key support zone on the daily level. Holding this zone keeps the mid-term bullish structure intact; losing it would significantly deteriorate the post-breakout structure. Mr. Xiaolong’s Comprehensive Judgment: Considering volume and price dynamics (weakness on both sides), on-chain data (whales buying/retail selling/LTHs cashing out), and structural patterns (converging box), the market is currently in a stalemate between bulls and bears. In the short term, BTC is likely to fluctuate within the 77,000-78,500 range, with direction hinging on this week’s Non-Farm Payrolls (NFP) data. The NFP is expected to show an increase of about 58,000 jobs, with an unemployment rate of 4.1%. If the data falls short of expectations, BTC may rebound to test 80,000. If it exceeds expectations, the probability of a rate hike in September increases, and BTC could retest 75,000-76,000 or even 73,500. 77,000 is the short-term pivot point for bulls and bears. A break below targets 75,000-76,000, while holding above maintains high-level consolidation. 73,500 remains the most likely pullback target, but it would require bearish NFP data to trigger. The bull market has begun, and a pullback is a buying opportunity