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 trend of decline with signs of acceleration, with the short-term trend being a steep decline, key levels at 77,188 (upper) and 75,658 (lower).
Chan Theory shows very strong downward strokes (-2,344) far exceeding upward strokes, currently in the early stage of a slight rebound after a downward stroke extension, with no sign of termination yet.
Wave Theory suggests that Wave 4 rebound structure has completely failed, currently in Wave B's weak rebound after Wave 5's sharp decline, with very weak rebound strength.
Volume-Price Relationship shows massive volume accompanying a plunge + panic selling surge signals.
Order Flow indicates POC at 76,958, with the price breaking below POC into a deep discount zone, Delta MA12 showing deep negative values.
Price Action displays a "Shooting Star" + "Bearish Engulfing" + "Hammer" triple pattern, indicating extreme short-term bearishness.
Short-term Strategy Recommendations:

Bullish Scenario: If the price shows sustained decreasing volume halt near 75,500–75,658 + bottom pattern + Delta turns positive, consider very small long positions, target 76,500 → 77,000, stop loss at 75,300.

Bearish Scenario: If the rebound reaches near 76,500–77,000 with a top pattern accompanied by increasing volume and decline, confirming Wave B's rebound failure + Wave C's decline initiation, consider short positions, target 75,000 → 74,251, stop loss at 77,200.

Current State: 75,823 is in a low-volatility zone after a sharp decline, extremely bearish in the short term, not recommended to bottom-fish on the left side. It is advised to wait for a rebound near 76,500 to confirm resistance before considering short positions, or wait for a clear bottom structure before considering long positions.