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 (higher lows), with the short-term trend shifting from decline to consolidation, key levels are at 64,500 (upper) and 62,500 (lower).
Chan Theory shows that the upward stroke strength is very strong (+6,415) but the downward stroke strength is also strong (-5,005), currently in a low-range oscillation stage after extending downward, with Central Zone ③ being constructed.
Wave Theory confirms that the five-wave decline is complete, the ABC rebound C wave is finished (+6,397), followed by a deep correction (-4,987).
Volume-Price Relationship shows a massive volume during the crash on June 18, combined with consolidation with reduced volume from June 19–21, and a moderate volume rebound, signaling caution.
Order Flow indicates POC at 63,533, with the price below POC, and Delta MA12 has risen back near the zero line.
Price Action shows four formations: "Shooting Star" + "Bearish Engulfing" + "Doji" + "Hammer," suggesting short-term volatility but with 63,500 as a key resistance level.

Short-term Strategy Recommendations:

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

Bearish Scenario: If the rebound reaches near 64,500–65,000 with a top pattern accompanied by increased volume decline, confirming the failure of the C wave rebound + the start of a downward impulsive wave, consider shorting, targeting 62,500 → 61,000, with a stop loss at 65,500.

Current State: 63,420 is in a low-range oscillation zone after a crash, with short-term bias toward consolidation. It is recommended to wait for a confirmed trend reversal upon breaking 64,500 before chasing longs, or wait for a break below 62,000 to confirm trend continuation before shorting.