BTCÐ Market Outlook The broader market is ranging at high levels, with BTC serving as the trend indicator. BTC: The key level is 64,000; holding it could lead to a test of 65,300, while a break below would open a correction toward 63,000. ETH: Trend support has risen to 1,908.44; holding 1,908 could target 1,930–1,943, while a break below would signal weakness and test 1,898. In a ranging market, wait for a confirmed breakout before following, and strictly control position sizes.$BTC $ETH

[A Fan] 8.9 BTC Strategy $BTC Entry: Go long around 647–649, defensive stop at 645, target 651–654 Analysis: After BTC surged to a high of 651, it continued to retreat, dipping to around 648 at the lowest and forming a short-term pullback; after the decline, signs of support appeared below, while the large deviation from the moving averages created a need for a correction, with the market showing signs of stopping its decline and stabilizing; there is a short-term opportunity for a rebound and recovery, and longs can wait for a pullback to support before entering to capture the potential upside.

A Brief Analysis of BTC’s Short-Term Trend from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationships, Order Flow, and Price Action (Strategy Recommendations) $BTC ‌#BTC Comprehensive Assessment Dow Theory signals that the primary trend may be undergoing a reversal. The high-volume breakout above 65,000 on August 7 was a key turning point, and the extremely shallow pullback on August 8 (only -0.85%) further confirmed the strength. Chan Theory shows strong upward stroke momentum and extremely weak downward stroke momentum (the most recent two downward strokes were only -558 and -221, respectively), with bulls completely in control. Elliott Wave Theory suggests that the market may be in Wave 3 of a new upward cycle, while the extremely shallow pullback on August 8 confirmed the strength. The volume-price relationship shows an extremely positive combination of “declining volume on pullbacks + rising volume on breakouts + declining volume during consolidation.” Order flow shows a POC of 64,116, with price in a premium state and Delta MA12 remaining positive. Price action shows a “breakout bullish candle + consolidation platform” pattern, with short-term bulls in control. Short-term strategy recommendations: Bullish scenario: If price forms a low-volume bottom near 64,500–64,800, along with a bottom fractal and a positive Delta turn, consider entering a long position. Targets: 65,000 → 65,500 → 66,500. Stop-loss: 64,200. Bearish scenario: If a top fractal forms near 65,000–65,200 during a rebound, accompanied by a high-volume decline, confirming that resistance at 65,500 is effective, consider entering a short position. Targets: 64,500 → 64,000. Stop-loss: 65,700. Current status: 64,928 is in an extremely strong consolidation zone following the Wave 3 breakout, with short-term bulls completely in control. It is recommended to wait for a pullback to 64,500–64,800 to confirm support before going long, or wait for a breakout above 65,500 to confirm the continuation of Wave 3 before chasing the rise.