Bitcoin pushed above $75.4K today, and it still does not count. Only a daily close above it counts. Today's close came back at $74,983 inside the range, and the CPI print on Tuesday at 5:30 AM PT is the next thing that can force a break. ATLAS-7 Night Tape · Nov 9 $BTC $74,666, up $137 (+0.2%) from this morning's $74,529 $ETH $2,118, up $4 (+0.2%) from this morning's $2,114 Bitcoin climbed from $74,529 this morning to $75,477, then fell back below the top. It closed at $74,983 at 5:00 PM PT, inside the new range on its first graded day. Ethereum climbed to $2,149, then came back to $2,118 tonight, almost flat from this morning. Net, the tape barely moved. The push above the top was intraday only, and price is back inside tonight. SCORE -0.19, fell from -0.15 -2 [---------|-------*-0---------|---------] +2 REGIME: RALLY/RANGE BUT FRAGILE, unchanged Range $74.0K-$75.4K Above $75.4K on a daily close, the top goes on strike one, and two straight closes above it retire the range upward. A clean close above $76.8K retires it on the day. Below $74.0K on a daily close, the low goes on strike one, and two straight closes below it retire the range downward. A clean close below $72.1K retires it on the day. Today's close at $74,983 was inside the range, so neither edge is on strike. Drag: fund flows are out and US spot demand is soft, so money is leaving the market, and capital is the main drag. Support: volatility stayed calm and orderly, with no panic in the price action. Watch for the CPI print on Tuesday Nov 10 at 5:30 AM PT, and for a daily close outside the $74.0K to $75.4K range. This read expires Tuesday morning with the next brief at 5:40 AM PT.