Looking at the 3-day chart of $BTC, the MACD has once again formed a golden cross.

That wave in April last year was rarely noticed. The market was very depressed at that time, sentiment was weak, and expectations were extremely conservative. There was no news support, nor was there any hype. Yet, amidst this quiet, the price surged nearly 50%.

The current situation feels somewhat familiar:
- Major correction has basically completed
- The downward momentum is clearly waning
- The histogram bars are beginning to converge
- The fast and slow lines are crossing upward again

But to be clear, MACD is not a buy button. It reflects momentum changes, not a forecast of future trends. It can only tell you that selling pressure is easing and the downtrend is losing strength, nothing more.

What’s truly interesting is the context. A higher-level cycle golden cross often occurs like this — not driven by emotion, often appearing when most people are about to give up, and it never looks "pretty."

This does not mean prices will rise tomorrow. Sideways trading, retests, and repeated corrections are all possible. But history indeed hints that such signals often appear at the end of a phase transition, rather than at the very beginning.

Last spring, the market provided an answer. Now, it is using the same signal to pose that question again.