《Three-in-One Trading System｜BTC Evening Market Commentary》 --- Price is highly likely to continue rising to 82,000. Be cautious with short positions❗️ (1) On-chain data and capital structure: Last week, U.S. spot Bitcoin ETFs saw a net inflow of approximately $1.9 billion, marking five consecutive days of inflows. The Coinbase premium index turned positive for the first time in 97 days, indicating improving demand for spot Bitcoin in the U.S. However, about 53,000 BTC flowed into exchanges over the past three days, mainly from short-term holders taking profits, which is building up selling pressure. The sell orders on the order book aren’t particularly large. Now, it all depends on the movement of ETF institutional funds after the U.S. stock market opens on Monday. If they continue buying, the price will keep climbing. (2) Bull vs. bear momentum: Recently, bullish momentum has shown secondary strength. Although weekend trading volume shrank, bearish momentum remains weak, with no strong counterattacks from the bears. They’re in a passive position, and the bulls are still dominating the market in the short term. With the upcoming news on Tuesday providing a potential boost, BTC is highly likely to continue climbing to the 82,000 range, where it may consolidate and build momentum. If Tuesday’s news turns out to be bearish, the price might consolidate around 82,000 for a while before pulling back. In the short term, be cautious with short positions. The risk-reward ratio for chasing highs is just so-so.