If we use the daily moving average of 120 as the boundary between bull and bear, and fall below the ma120 moving average, we do need to be cautious, which is why many large investors choose to stop losses after falling below it. However, during the 7-month consolidation last year, there were also instances of falling below the daily MA120 line. After the decline, there was a strong rebound, and the best opportunity to enter the trend was when the moving average was flat and then broke through and retraced, as shown in the following chart. Bitcoin BTC