《Three-in-One Trading System｜BTC Evening Market Analysis (3/3): Structure and Core Judgments》 Structurally, BTC is in a high-level consolidation phase within the 76K-82K range, with no clear direction yet. However, daily trading volume is decreasing, showing signs of volume-price divergence. In terms of range, BTC is oscillating and consolidating repeatedly within the 0.786-1 Fibonacci retracement zone on smaller timeframes, with bulls and bears in a tug-of-war. Xiao Long's Core Judgments: On the long/short momentum side, bulls are weakening, bears are testing, but neither has gained a decisive advantage. From on-chain data, while whales and ETF institutions are accumulating and buying, their strength is diminishing. International oil prices have surged to around $97, tensions between the U.S. and Iran are escalating, and the probability of a Fed rate hike in September has risen to about 60%. As for key catalysts, Friday's CPI is the real variable, determining whether BTC will break upward past 83K or test 75K on the downside. Conclusion: The larger bullish structure remains intact, but the short-term cycle is in the process of choosing a direction. The direction is still unclear—wait for the CPI results. However, even if there’s no rate hike in September, based on the bearish signals mentioned above, my personal prediction is that BTC will most likely experience a downward correction. The first target price is around 75K, the second target price is around 73.5K, and if it drops to around 71K, that’s the time to jump in boldly.