《Three-Dimensional Trading System | BTC Evening Market Analysis (3/3): Structural Pattern and Core Judgment》 ---Bearish structure, shrinking trading volume, the outlook is not optimistic! 76K is the support level, 78,000 is the short-term ceiling. The daily chart is forming an expected head and shoulders reversal structure, but the right shoulder has not yet appeared. Once the right shoulder forms, the head and shoulders reversal structure will be confirmed, and the subsequent trend is indeed not optimistic. The structural pattern only confirms the downward exploration of the market trend; the head and shoulders structure is not necessary. International Situation: Midterm Election Voting Day, the market is reducing risk. The US midterm elections will be held on November 3rd. Historically, US stocks and BTC have risen in the year following midterm elections, but often fall in the weeks following the vote. The market is unwilling to take risks before the results are clear, as evidenced by the concentrated outflow of ETFs. Even an 8% drop in oil prices failed to save tech stocks, and BTC is under pressure above 76,000. Key Analysis: Short selling pressure is weakening, but bulls lack the strength to counterattack. ETFs saw a net outflow of 1 billion in two days; whales are buying, but there is internal disagreement. 76.K is a watershed level; holding above it indicates consolidation, while a break below suggests a potential move towards 75,000. Before the election results are in, avoid chasing the market up or down. Wait for the direction to become clearer before taking any action.