BTC MicroStrategy pauses additional purchases, institutional buying power weakens, funds lean towards a wait-and-see approach. On the evening of September 11, the U.S. August CPI will be announced, which is a key variable. Previously, BTC bulls had the upper hand, but after a round of decline, there are signs of bears gaining strength. If there’s no strong bullish candlestick buying pressure, the consolidation may last longer; if key support is effectively broken and cannot be reclaimed, bears will dominate the market. The current trend direction has not been chosen yet, and we need to wait for a breakout from the range to confirm the subsequent trend. Scenario 1: Pullback to the lower edge of the channel at 76,200 for support → Consolidation continues; Scenario 2: Effective break below the lower edge of the channel → The ascending channel structure breaks, short positions can follow the breakout, with larger potential space.