$BTC
Recently, BTC has returned to a key position, attracting widespread attention from the market. From a technical perspective, if this key position can be effectively established, a new round of rising market is expected to begin.
First, from the trend indicators, the long-term moving average gradually flattens, and the short-term moving average begins to rise, which suggests that the market trend may change. Secondly, the trading volume has increased near the key position, indicating that funds are actively involved, providing support for the price.
However, there are also certain risks. The uncertainty of the macroeconomic environment and changes in regulatory policies may have an impact on the BTC price. If market sentiment turns pessimistic again, BTC may fall below the key position again. In short, the current BTC trend is at a critical node, and investors should pay close attention to market dynamics and make investment decisions prudently.