Based on Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationship, Order Flow, and Price Action Analysis of BTC Short-term Trends
$BTC
1. Dow Theory (Dow Theory)
Main trend (1-hour level): Since the high point of 82,448 on May 10, the medium-term downtrend is accelerating deterioration, with a much deeper decline than expected. On May 28 (last analysis point), the price was still at 74,322, and the market briefly rebounded to 74,153 on May 31, but then entered a more brutal cliff-like plunge. On June 1, it broke below 71,000; on June 2, it plummeted to 66,703; on June 3, it f