3D Integrated Trading System | BTC Evening Market Analysis (1/3): Volume and Energy The current trend of BTC is indeed very similar to that of a middle-aged man, who wants to work and rushes up, but lacks persistence. He rises and falls back, speechless! Both long and short sides are like guerrilla warfare, with one shot from you and one shot from me, running away with just one strike. The result is neither up nor down, with narrow fluctuations! BTC briefly rebounded to 79200 today, then fell below 77000, showing a "pulse like rebound and insufficient sustainability" in its energy structure. Long position quantitative energy: There is a rebound in volume, but it has not been sustained. Last night, when BTC rebounded against the trend and broke through 79K, it was accompanied by a strong consolidation of about $250 million, of which $178 million was short covering, indicating that this wave of rise was mainly driven by short positions closing, rather than long positions actively building. There are signs of a rebound in institutional buying, but the magnitude is not sufficient to sustain a sustained upward trend. Short positions can: suppress but not exert force. The price fell from 79K to below 77K, and there was no heavy selling by bears. It was more a natural decline after the bulls had weak follow-up. BTC has maintained a narrow range of 5.5% for over 24 trading days, with leverage continuously accumulating at both ends of the range. 82K and 76K are the two major clearing clusters. Now it's up to whoever can't handle it and gets liquidated. Quantitative judgment: Long positions have the willingness to undertake but lack confidence, while short positions are waiting on the catalyst. Quantitative energy is in a state of "accumulation", and the direction of the short to medium term is determined by the FOMC.