☀️《Three-Dimensional Integrated Trading System | BTC Market Update》 —Short sellers are struggling; 79K is the ceiling, 76K is the defense line, and the medium-term trend is a bottoming out! Bull/Short Volume: Bullish volume is very weak! Current price around 77,850. BTC rebounded from 76,300, and the four-hour chart shows decreasing bearish volume, indicating no further downward pressure. However, bullish volume is also weak. 79K-80K is a shorting zone after a rebound, and the price stalled at 78,500. This shows very weak bullish volume, and a further decline to test the bottom is highly probable. On-Chain Data: ETFs saw significant outflows on Friday, indicating divergence among whales. On October 30th, ETFs experienced a net outflow of $643 million, the largest single-day outflow since June, with BlackRock's IBIT seeing an outflow of $234 million. Following the Binance incident, institutional funds have not yet substantially returned, and the Coinbase premium remains negative. Whales are not monolithic: Large holders' combined holdings increased to approximately 3.03 million BTC, the fastest monthly increase since February; However, Hyperliquid's whale BTC position turned net short for the first time since March. One side is buying, the other is selling. Structural pattern: 76,000 is the support level, 79K is the resistance level for a rebound. BTC is fluctuating between 76K and 79K. 76K is the recent low and also a dense area of liquidation. 79K is the first resistance level for a rebound; only a break above this level could lead to 80,300-80,900. This probability has now become slim. International situation: The midterm elections and non-farm payrolls are the two major variables this week. The FBI has determined that the Binance incident was caused by a North Korean hacking group, and Trump has stated that he will negotiate if confirmed. Geopolitical risks have not disappeared; oil prices have cooled in the short term, but the possibility of action after the election remains. Key Analysis: Short selling pressure is decreasing, and buying support is present, but the rebound is weak. Today's highest rebound reached around 78,500 before falling back. The US midterm elections and non-farm payroll data will significantly impact Bitcoin's short-to-medium-term price movement. However, disregarding market noise and news, bullish and bearish volume, on-chain funds, and the volume-price relationship have already provided the answer: The medium-term trend for Bitcoin is: a decline to test the bottom, followed by a bull market pullback.