☀️《Three-Dimensional Integrated Trading System | BTC Market Morning Briefing》 ----The probability of a Democratic sweep is soaring, and BTC's 76K support level is unlikely to hold! Current price around 77,000. BTC has rebounded from a low of 76,300, but the momentum is weak. 1. Volume: The rebound is weak, and short selling is waning but waiting for an opportunity. On the four-hour chart, bullish volume is very weak, and daily trading volume has shrunk significantly, indicating that panic selling is being cleared, but bargain hunters haven't entered the market on a large scale. Both bulls and bears are waiting for the final results of the midterm elections. 2. On-chain data: ETFs are selling, whales are buying, in completely opposite directions. From October 30th to November 2nd, US spot Bitcoin ETFs saw a cumulative outflow of $1.042 billion, with BlackRock's IBIT accounting for $639 million, the largest single-day outflow since June. However, the combined holdings of large on-chain holders have risen to 3.03 million BTC, the fastest increase since February in 30 days. ETFs are selling, whales are buying. However, there is significant disagreement among whales; one whale sold 1,312 BTC in four days to buy ETH. 3. Structural Pattern: 76K is a critical level; a gradual, oscillating decline is expected. The 76,000-76,500 range is strong support and a short-term liquidation zone; a break below this level would target 74,000-74,900. The resistance zone is 78K-79K. Currently, the market is in a gradual, oscillating decline, not a one-sided plunge, but the center of gravity is continuously shifting downwards. 4. Midterm Election Prediction: The probability of a Democratic sweep is soaring. On Polymarket, the probability of the Democrats winning the House of Representatives is approximately 95%-96%, and the probability of winning the Senate is approximately 74%-76%. The market is pricing in not a "divided Congress," but a "Democratic sweep." If this happens, Trump will suffer a crushing defeat, increasing the probability of military action against Iran; if it's just a divided Congress, BTC will continue to struggle around 76K. Xiaolong's core summary: Regardless of the election outcome, US stocks are merely experiencing a rebound, and the cracks in the AI bubble will only widen. BTC's lifeline remains 76K, depending on US Treasury yields, the Federal Reserve, and ETF performance. BTC's rebound is structural, not trend-driven. The overall market is weak, trading volume is low, the medium-term outlook is not optimistic, and the bull market is turning back.