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 that is downward and accelerating, with a short-term trend sharply declining, key levels at 62,500 (upside) and 60,740 (downside).
Chan Theory shows very strong downward momentum (-3,448) and approximately 67.6% of the upward momentum (+5,093), currently in the early stage of a slight rebound after a downward extension, with no sign of termination yet.
Wave Theory suggests that the ABC rebound has ended with wave A (+5,093), wave B's plunge completed (-3,448), and the current phase is either the beginning of wave C rebound or wave B extension.
Volume-Price Relationship shows massive volume during the crash phase combined with panic selling signals.
Order Flow indicates POC at 61,641, with the price breaking below POC into the discount zone, and Delta MA12 showing deep negative values.
Price Action displays a "Hammer" and "Shooting Star" dual pattern, indicating extreme short-term bearishness.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows continuous decreasing volume to halt decline near 60,740–61,000 + bottom pattern + Delta turns positive, consider very small long positions targeting 62,000 → 62,500, with a stop loss at 60,200.

Bearish Scenario: If the rebound reaches near 62,000–62,500 with a top pattern accompanied by increased volume and decline, confirming wave C rebound failure + extension of decline, consider short positions targeting 59,095 → 57,000, with a stop loss at 63,000.

Current State: At 61,548, in a low-volatility zone after a crash, extremely bearish in the short term, not recommended to bottom-fish on the left side. It is advised to wait for a rebound near 62,000 to confirm resistance before considering short positions, or wait for clear bottom structures (such as double bottom or head and shoulders bottom) before considering long positions.