Analyzing BTC Short-term Trends from Dow Theory, Chan Theory, Elliott Wave Theory, Volume-Price Relationship, Order Flow, and Price Action (Strategy Suggestions)

$BTC ‌Comprehensive Analysis
Dow Theory indicates that the main trend is still downward and the downward momentum is accelerating (lower lows), the short-term trend is extreme decline, with key levels at 62,500 (upper) and 59,095 (lower).
Chan Theory shows that the upward stroke is extremely strong (+6,460) but the downward strokes are also extremely strong (-5,047 and -5,027), currently in a low-level consolidation phase after the downward stroke extension.
Elliott Wave Theory confirms completion of a five-wave decline, failure of wave C in ABC rebound (+6,460 then -7,968), and a downward impulse wave may begin.
Volume-price relationship shows a massive volume plunge on June 24 + a volume-shrinking rebound on June 25 as a warning signal.
Order flow shows POC at 63,941, price below POC, Delta MA12 recovering to near zero axis.
Price action shows a triple pattern of "Shooting Star" + "Bearish Engulfing" + "Hammer", short-term bias is oscillating but 62,500 resistance is key.

Short-term Strategy Suggestions:

Bullish scenario: If the price shows a volume-shrinking stabilization + bottom divergence + Delta turning positive around 59,500–60,000, you can try longing, target 62,500 → 63,500, stop loss 58,500.

Bearish scenario: If the price retraces to 62,500–63,000 and shows a top divergence with volume increase decline, confirming the start of a downward impulse wave, you can short, target 59,095 → 55,000, stop loss 64,000.

Current status: 61,200 is in a low-level consolidation zone after the crash, short-term bias is oscillating. It is recommended to wait for a breakout above 62,500 to confirm trend reversal before chasing long, or wait for a breakdown below 59,095 to confirm acceleration of decline before chasing short.