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 has reversed from "steep decline" to "steep rise," with key levels at 66,000 (upside) and 64,000 (downside).
Chan Theory shows that the upward stroke strength is extremely fierce (+2,066) and far exceeds the previous upward stroke (+1,308), currently in a high-level oscillation phase after an upward extension.
Wave Theory confirms that the five-wave decline is complete, and the ABC rebound Wave C is unfolding (+4,982), with Wave C nearly equal in length to Wave A, targeting 67,000–68,000.
Volume-Price Relationship shows signals of a massive sell-off on June 14 with even larger volume at the close, indicating that bulls have completely overwhelmed bears.
Order Flow shows POC at 63,471; the price broke through POC into a deep premium zone, with Delta MA12 in positive territory.
Price Action displays a "Hammer" + "Bullish Engulfing" + "Shooting Star" triple pattern, extremely bullish in the short term but with heavy resistance at 66,000.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows decreasing volume to halt decline near 64,500–65,000 + bottom pattern + Delta turns positive, consider going long, targeting 66,000 → 67,000, with a stop loss at 63,800.

Bearish Scenario: If a rebound to 66,000–66,500 shows a top pattern accompanied by increasing volume and decline, confirming Wave C rebound failure + the start of a downward impulsive wave, consider shorting, targeting 64,500 → 63,500, with a stop loss at 66,800.

Current State: At 65,514, in a high-level oscillation zone after a shocking surge, extremely bullish in the short term but cautious of resistance at 66,000. It is recommended to wait for a pullback to 64,500–65,000 to confirm support before considering long positions, or wait for a breakout above 66,000 to confirm trend reversal before chasing the rally.
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