
百萬Eric | Day Trader|Apr 26, 2025 08:52
Bitcoin's daily chart has just broken through key pressure levels, support resistance swaps have been completed, and the moving average is starting to turn.
But here, there is no rush, nor can we hastily assume that a unilateral upward trend has already begun.
Before the true trend starts, it usually needs to go through multiple cycles of confirmation, just like the market trend in October December 2024 and October December 2023.
Moreover, even after the trend is confirmed, the price will retrace along the EMA moving average, giving multiple opportunities to get on board.
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