Pal BTC Daily Market Report - 10.14 Pic 1: Daily Chart 1) Still in a consolidation phase, maintaining the 802-874 range. Within this range, we can see liquidity waiting to be taken at 844, and then at range-l 802. These two spots are where liquidity is more concentrated. 2) Yesterday, after testing 80-81 again, it quickly bounced back and then went on to test 84-85. This is typical consolidation behavior—expectations not aligning with reality is normal. The current market is really tough to trade. My suggestion is to stay patient and set proper stop-loss controls. 3) The key focus today is CPI, or you could say yesterday's rally might have been a preemptive reaction to CPI. As I always say, in a consolidation market, if it can’t go down, it’ll test the upside; if it can’t go up, it’ll come back down—until it breaks out of the range and changes the trend. Pic 2: Hourly Chart 1) Right now, it’s just consolidating and waiting for a directional decision. I think the 84350 EQH is likely to be taken. Or, after the liquidity grab, we can assess how to proceed based on CPI. 2) I believe the higher probability is a liquidity grab upwards to around 85, followed by continued consolidation. The lower probability scenario is that the data exceeds expectations, leading to a direct breakout and testing new highs.