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 signals that the downward momentum is significantly weakening; the short-term trend has reversed from "steep decline" to "steep rise," with key levels at 67,500 (upside) and 65,000 (downside).
Chan Theory shows that the upward stroke strength is extremely fierce (+2,066 and +1,928) 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 (+6,469), with Wave C surpassing the length of Wave A, targeting 68,000–69,000.
Volume-Price Relationship shows a massive volume drop on June 14 + even larger volume surge at the close + breakout signal on June 15, indicating that bulls have completely overwhelmed bears.
Order Flow indicates POC at 65,700, with the price breaking through POC into the premium zone, and Delta MA12 is deeply positive.
Price Action shows "Hammer" + "Bullish Engulfing" + "Shooting Star" patterns, extremely bullish in the short term but with heavy resistance at 67,500.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows decreasing volume to halt decline near 65,500–66,000 + bottom pattern + Delta turns positive, consider going long, target 67,000 → 68,000, stop loss at 65,000.

Bearish Scenario: If a top pattern appears near 67,500–68,000 accompanied by increasing volume and decline, confirming Wave C rebound failure + the start of a downward impulsive wave, consider shorting, target 66,000 → 65,000, stop loss at 68,200.

Current State: 66,266 is in a high-level oscillation zone after Wave C's sharp rise, extremely bullish in the short term but watch out for resistance at 67,500. It is recommended to wait for a pullback to 65,500–66,000 to confirm support before considering long positions, or wait for a breakout above 67,500 to confirm trend reversal before chasing the rally.
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