In the previous bull market (the 2020-2021 season), we often used the 1D MA30 as the dividing line between bull and bear markets for BTC's medium-term trend. A break below it was confirmed after five consecutive K-lines. Now, SPX has already broken below the 1D MA200 moving average, confirmed after six K-lines. Sometimes, doing nothing is the best action, because in the current market, you never know what unexpected moves or actions the market maker might make that could significantly impact the market trend.

BTC-3,2%

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