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 that the main trend remains downward but shows signs of significant weakening in downward momentum; the short-term trend is sharply upward, with key levels at 64,500 (upside) and 62,000 (downside).
Chan Theory shows very strong upward momentum (+3,356) that far exceeds previous waves, currently in a high-level consolidation phase following an upward wave extension.
Wave Theory confirms that the five-wave decline is complete, with the ABC rebound ending Wave A (+4,969), and Wave B is in its early stage, with a shallow correction in Wave B signaling a positive sign.
Volume-Price Relationship shows a massive surge on June 7 with high volume combined with a "Shooting Star" warning signal at 22:15.
Order Flow indicates POC at 60,821; the price broke through the POC into the premium zone, Delta MA12 is positive, but the large negative Delta at 22:15 warrants caution.
Price Action shows a "Bullish Engulfing" pattern combined with a "Shooting Star," indicating a short-term bullish bias but heavy resistance at 64,000.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows decreasing volume and stabilizes near 62,500–63,000 with a bottom pattern and Delta turns positive, consider going long, targeting 64,000 → 65,000, with a stop loss at 61,800.

Bearish Scenario: If the rebound reaches near 64,000–64,500 with a top pattern and accompanied by increased volume and decline, confirming Wave A rebound failure and Wave B deep correction, consider shorting, targeting 62,000 → 61,000, with a stop loss at 64,800.

Current State: At 63,373, in a high-level consolidation after a sharp rise, short-term bias is bullish but caution is needed at 64,000 resistance. It is recommended to wait for a pullback to 62,500–63,000 to confirm support before going long, or wait for a break above 64,500 to confirm trend reversal before chasing the rally.
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