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 (higher lows), with the short-term trend shifting from decline to sideways with a slight bullish bias, key levels are at 65,000 (upside) and 64,000 (downside).
Chan Theory shows strong upward strokes (+6,415) but also strong downward strokes (-5,005), currently the upward strokes are recovering (+2,512), in a high-level consolidation phase after upward extension.
Wave Theory confirms the completion of five-wave decline, ABC rebound with wave C completed (+6,397), followed by a deep correction (-4,987), then a moderate rebound (+2,512).
Volume-Price Relationship shows a massive sell-off on June 18 with high volume, followed by consolidation with decreasing volume from June 19–23, and a gentle volume-increasing rebound, signaling caution.
Order Flow indicates POC at 63,667, with the price above POC, Delta MA12 rising into positive territory.
Price Action shows a "shooting star" + "bearish engulfing" + "doji" + "hammer" + "bullish engulfing" pattern, short-term bias is sideways with a slight bullish tilt, but 65,000 remains a key resistance.

Short-term Strategy Recommendations:

Bullish Scenario: If the price shows decreasing volume and stops falling near 64,000–64,500 + bottom pattern + Delta turns positive, consider going long, target 65,000 → 66,000, stop loss at 63,500.

Bearish Scenario: If the rebound reaches 65,000–65,500 and forms a top pattern with increased volume and declines, confirming wave C rebound failure + the start of a downward wave, consider shorting, target 64,000 → 63,000, stop loss at 66,000.

Current State: At 64,750, in a low-level consolidation after a sharp decline, with a short-term bias leaning towards sideways with a slight bullish tendency. It is recommended to wait for a confirmed breakout above 65,000 to reverse the trend before chasing longs, or wait for a break below 63,500 to confirm trend continuation before shorting.