#BTC BTC is currently in a Bull Market (orange zone), and the price pump momentum has not yet reached its peak. If the 30-day Bull Market-Bear Market cycle indicator MA is higher than the 365-day moving average, a stronger bullish trend may occur. Although the long-term outlook remains optimistic, as the price approaches the red zone, the risk of correction increases, and it is advisable to proceed with caution. Monitoring key signals, such as MA crossovers, is crucial for identifying opportunities and managing risk effectively.
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#BTC BTC is currently in a Bull Market (orange zone), and the price pump momentum has not yet reached its peak. If the 30-day Bull Market-Bear Market cycle indicator MA is higher than the 365-day moving average, a stronger bullish trend may occur. Although the long-term outlook remains optimistic, as the price approaches the red zone, the risk of correction increases, and it is advisable to proceed with caution. Monitoring key signals, such as MA crossovers, is crucial for identifying opportunities and managing risk effectively.