BTC, ETH, and XRP consolidate before a breakout, traders focus on U.S. macro data. On September 5, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) entered a consolidation pattern simultaneously, with investors remaining cautious ahead of the release of key U.S. macroeconomic data. This data may influence the Fed's monetary policy expectations, thereby affecting the short-term trend of the crypto market. Bitcoin (BTC): Momentum warming up, focus on the 116,000 USD resistance level (Source: Trading View). This week, Bitcoin's price gradually rose after the start of the week, accumulating over 3% as of September 5, and remained above the 100-day Exponential Moving Average (EMA), reported at 111,310 USD. Although there was a slight pullback on September 4, it found support near the 100-day EMA and returned above 111,000 USD on Friday. Technically, the Relative Strength Index (RSI) on the daily chart is at 46, approaching the neutral level of 50, indicating that bearish pressure is weakening. At the same time, the Moving Average Convergence Divergence (MACD) showed a bullish crossover, with clear signs of improved momentum. Upside target: If the upward trend continues, the next resistance level is at 116,000 USD. Downside risk: If the pullback intensifies, the support level to watch is 105,573 USD. Ethereum (ETH): Narrow fluctuations, waiting for a directional breakout (Source: Trading View). Since last Friday, ETH's price has been fluctuating between 4,232 USD and 4,488 USD, reflecting traders' hesitation regarding the short-term trend. As of Friday, the price was still hovering near the lower end of the range. If ETH can find effective support at 4,232 USD and break through the 4,488 USD resistance level, it is expected to challenge the historical high of 4,956 USD. Conversely, if it falls below 4,232 USD, it may test the 50-day EMA (4,050 USD). RSI: Approaching neutral 50, indicating a wait-and-see market sentiment. Key observation: A breakout or breakdown of the range boundaries will determine the short-term trend direction. Ripple (XRP): 100-day EMA provides support (Source: Trading View). XRP rebounded 3.74% after finding support at 2.72 USD early this week, but faced resistance and pulled back on Wednesday, testing the 100-day EMA (2.77 USD) again on Thursday. As of Friday, the price slightly rose to 2.80 USD. If the 2.77 USD support holds, XRP is expected to test the 61.8% Fibonacci retracement level at 2.99 USD. RSI is at 43, showing an upward trend; if it breaks above neutral 50, it will help consolidate the rebound momentum. Upside target: 2.99 USD. Downside risk: Falling below 2.77 USD may retest the 2.72 USD support. Conclusion: Currently, BTC, ETH, and XRP are all at technical key levels, and the market is waiting for signals from U.S. macroeconomic data. If the data is favorable for risk assets, the three major coins may see a breakout; conversely, if the macro environment is bearish, a pullback may occur in the short term. Traders need to closely monitor changes in support and resistance levels and pay attention to the impact of Fed policy expectations on market sentiment.