Based on Dow Theory, Chan Theory, Wave Theory, Volume-Price Relationship, Order Flow, and Price Action Analysis of BTC Short-term Trends (Strategy Recommendations)

$BTC ‌
Comprehensive Judgment
Dow Theory indicates a primary downward trend with signs of acceleration, with the short-term trend being steep decline, key levels at 76,000 (upper) and 75,480 (lower).
Chan Theory shows very strong downward stroke force (-2,447) far exceeding the upward strokes, currently in the downward stroke extension phase, with no end signal yet.
Wave Theory suggests that the rising structure of Wave 5 has completely failed, currently in a weak rebound of Wave B after a sharp decline in Wave A, with very weak rebound strength.
Volume-Price Relationship shows massive volume during the plunge + panic selling signals.
Order Flow indicates POC has moved down to 75,697, with the price breaking below POC into a deep discount zone, Delta MA12 showing deep negative values.
Price Action shows "Evening Star" + "Bearish Engulfing" + three consecutive large bearish candles forming a strongly bearish pattern, extremely bearish in the short term.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows continuous decreasing volume to halt the decline near 75,480–75,570 + bottom pattern + Delta turns positive, try a very small long position, target 76,000 → 76,500, stop loss at 75,300.

Bearish Scenario: If the rebound reaches near 76,000–76,500 with a top pattern accompanied by increasing volume and decline, confirming Wave B rebound failure + Wave C decline begins, consider short positions, target 75,000 → 74,000, stop loss at 76,800.

Current State: 75,596 is in a low-volatility zone after a plunge, extremely bearish in the short term, not recommended to buy the dip on the left side. It is advised to wait for a rebound near 76,000 to confirm resistance before considering shorting, or wait for a clear bottom structure before considering going long.