A Brief Analysis of BTC Short-Term Trends from Dow Theory, Chan Theory, Wave Theory, Volume-Price Relationships, Order Flow, and Price Action (Strategy Suggestions)
Comprehensive Assessment
Dow Theory confirms that the primary trend remains upward, but the short-term double-top structure (81,235–81,347) has been confirmed. The consecutive low-volume consolidation from August 29–30 is a positive signal, but the rebound momentum is extremely weak.
Chan Theory shows that the downward leg from 81,347 was extremely strong (-4,438), followed by a relatively weak upward leg (+2,425), indicating that
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