The overall crypto market is in a correction phase, and investors are facing tests. Matrixport pointed out in its latest chart analysis that the 21-week moving average is one of the core indicators for judging the shift in Bitcoin's bullish and bearish trend. Looking back at previous market cycles, this moving average often provides effective trend-following signals during upward phases; during sharp market pullbacks, it has also issued early risk warnings multiple times, helping investors avoid significant downward waves. Matrixport mentioned that when Bitcoin broke below the 21-week moving average in Q4, institutions had already signaled that the market correction might deepen further. Although there was a temporary rebound in late December, the price was quickly resisted and fell back after approaching the 21-week moving average, and it has never successfully reclaimed this key level. As of now, Bitcoin has yet to regain stability above the 21-week moving average. From a technical perspective, the market remains in a correction stage overall. In the short term, a tactical rebound cannot be ruled out, but at this stage, no clear signals supporting a sustained upward trend have been observed. #比特币 #BTC #Web3