$BTC explained my views on the moving average in the evening, but the larger cycle is not completely applicable to our short-term operations.

#BTC☀ [Cycle View]:

Just one indicator, you don't even need to know how to draw. Open the EMA 144 moving average and the four-hour chart.

--- Figure 1, it should be obvious, starting from the first test in early July, this EMA 144 moving average has carried a round of rise, a round of fall, and the current round of rebound.

--- From the recent four-hour chart, there are two obvious tests, both of which have been blocked. In other words, assuming that there is a four-hour K closing above the EMA 144 moving average in the future, is it a potential bullish signal?

The answer is that it is bullish. If you incorporate this moving average into your trading system, then you can consider entering a long position after completing the breakthrough, and falling back below the moving average is your stop loss. (Need to confirm the closing line, don't rush to get on the train when there is a pin, and stop loss when there is a pin)

---Now that it is below the moving average, I think there is no possibility of strengthening, that is, even if it has returned to 60,000, we are still in a "rebound" rather than a "new round of trend".

Below the moving average, short on highs; break the moving average, long on lows.

Where is the high? The moving average; where is the low? It is also the moving average.

Not difficult to understand, right?