A brief analysis of BTC short-term trend from the perspective of Dow Theory, Chan Theory, Elliott Wave Theory, volume-price relationships, order flow, and price action (strategy suggestions)


$BTC ‌Integrated assessment
Dow Theory still indicates the primary trend is downward, but it shows signals of declining sell momentum. The short-term trend has entered a rebound acceleration phase, with key levels at 64,662 (upper) and 63,000 (lower).
Chan Theory shows extremely strong upward strokes (+3,192) and a breakout above the prior high. The market is currently in a pullback confirmation stage after a center (middle-structure) breakout.
Elliott Wave Theory confirms that the five-wave decline is complete, and the ABC rebound is accelerating in wave C (+3,192). Wave C has already broken above the high of wave A.
The volume-price relationship presents a positive combination of "a crash with increased volume + base-building with reduced volume + rebound with increased volume + pullback with increased volume + a further rebound with increased volume breaking through."
Order flow shows a POC at 63,167. Price is above the POC, indicating a premium state. Delta MA12 has rebounded back into positive territory.
Price action shows multiple bullish patterns: "hammer candle" + "hammer candle" + "bullish engulfing" + "bullish candle." In the short term, long positions fully dominate.

Short-term strategy suggestions:

Bullish scenario: If price shows shrinking volume to stop the fall + a bottom fractal + Delta turning positive around 63,500–64,000, you may try going long. Targets: 64,500 → 65,000 → 65,500. Stop-loss: 63,000.
Bearish scenario: If the rebound reaches 64,500–64,662 and shows a top fractal accompanied by volume-backed selling, confirming a failed C wave + an extension of the five-wave decline, you may short. Targets: 63,500 → 62,500. Stop-loss: 65,200.
Current status: 64,094 is in a strong consolidation zone after C-wave acceleration, with short-term bulls in control. It is recommended to wait for a break above 64,662 to confirm C-wave acceleration before chasing long, or wait for a breakdown below 63,000 to confirm C-wave failure before chasing a short.
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