#比特币市场动态# Recently, I've been focusing on the Bitcoin market. The 23-period and 200-period moving averages on the 4-hour chart are about to form a golden cross pattern, which is a rare technical signal. Although crossovers on shorter time frames are not always accurate, considering the recent price breakout above the 116,600 USD resistance level, it seems that buying interest is stirring. However, for such signals, I generally observe for a few more days to see if there’s a substantial breakout. After all, the market often has false breakouts, and rashly following could be quite risky. If the trading volume can align in the subsequent period, it would not be too late to consider testing with a small position after the breakout is confirmed. For now, it's best to patiently wait and see the movements of large funds.

BTC-4.09%
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