3D Integrated Trading System | BTC Evening Market Analysis (3/3): Structural Form and Core Judgment - Watch and reduce trading! Waiting for CZ DIP! Structural form: Both long and short sides repeatedly compete at the 76K level, with the direction unclear. The current price of BTC is around 76500, but it has not been able to stabilize above 77000. It is estimated that the short-term price will fluctuate narrowly within the small box structure of 75K-77K, accumulating momentum. The first resistance above is 77200-77500, and after breaking through, look at 78000-79000. As long as the 71K does not break, the bottom structure of the weekly bull market still exists. Xiaolong's core judgment: There are three new clues in today's market. Firstly, the dot plot shows that there will be another interest rate hike within the year. The tone of 'inflation is still too high and the duration is too long' by Walsh has discounted the logic of a rebound with all the bearish sentiment. Secondly, the CLARITY Act's procedural vote was not passed, and the certainty of cryptocurrency regulation has been postponed until 2027, resulting in a lack of institutional catalysts in the short term. Thirdly, ETFs have had net outflows for two consecutive days, with BlackRock IBIT leading the way with an outflow of 144 million. Institutional buying is clearly declining. But there are two positive signals: one is that the perpetual market continues to bottom below 77K, with open contracts rebounding to $52.15 billion; Secondly, short positions were squeezed out after the FOMC, with 55.3% of them cleared in the past 24 hours. Core judgment: The negative impact of interest rate hikes has been exhausted, but the hawkish dot matrix, ETF outflows, and CLARITY have suffered setbacks, and the short-term pressure pattern has not changed. 76K is a watershed, if you stand firm, you will oscillate and accumulate momentum, if you fall below, you will test 75K → 74.5K. At present, there is a lack of safety margin for long positions, and short positions face the risk of a rebound due to crowded short positions. Therefore, in the short term, maintaining a wait-and-see attitude may be the best strategy. In the short to medium term, the main theme is a fluctuating bearish trend and a healthy pullback to 71K-73K, with the best option being to drop to 67K. Hahaha, be patient and wait for CZ dip. Look at the two types of weekly level deduction charts in the following picture CZ BNB： Every dip is an opportunity.