3D Integrated Trading System | BTC Evening Market Review ---Looking at the BTC price trend through volume and capital flow, does the downward correction require external factors to break the deadlock? Hey guys, BTC is slowly rebounding again, with a current price of 77880! It's too torturous! The price has hit the bottom three times at 77K without breaking, the low point is gradually rising, and the short-term bottom is confirmed. It's difficult to see a big drop! In terms of long and short positions, short positions can continue to decline and lack the ammunition to actively suppress them. The bulls have not increased their volume to attack, and the market is in a game of shrinking volume. But 'short positions not moving' itself is a bullish signal, with about 12.7 million buy orders around 77K providing support. On chain data, the giant whale is still attracting funding. During the 5.82% retracement of BTC from its high of 81474 on August 28th, the Whale Group net increased its holdings by 6765 BTC, worth approximately $521 million. The overall direction over the past week has remained 'retail investors selling, whales and large investors buying'. The ETF had a net inflow of $101 million yesterday, with BlackRock IBIT contributing $115 million, leading the way. The ETF's outflow of 236 million on Tuesday has turned into inflow, and marginal buying has recovered. CZ said that hot money is flowing back from AI encryption with data support. The correlation between Bitcoin and Nasdaq continues to weaken, while the correlation with gold has exceeded 50%, and funds are quietly flowing into the cryptocurrency market. However, the current scale of returns is not large enough to be considered as the main wave of funds. In summary, the bear market has ended and the bull market is starting, but it has not yet entered the main uptrend. It is highly likely that there will be repeated fluctuations and bottoming out in the future. The callback is an opportunity to get on the car. The current 77K is a short-term watershed, holding high and oscillating, falling below 75K-76K. The trading volume has shrunk, price fluctuations have narrowed, and the structure has converged. It is estimated that Bitcoin is about to change direction, probably after the release of non farm payroll data. Before the non farm landing, keep a watchful eye.