Today is May 7th, BTC price 80980 After BTC broke through 80000, there was a rebound after a surge yesterday, and it is currently sideways around 81000. The price is still above the 5-day line, and the trend is definitely not bad. Someone may ask, Liang Ge, did you say yesterday that you were bullish but not today! This may be a question for many people? Let me give you an example: You are walking forward with a dog, and the dog walks back and forth, but it will always walk forward with you. How to understand the meaning inside? The fluctuation of small-scale prices is normal, and if someone chooses to sell the contract when it rises, they will also close the position and sell it, just like a dog running too fast will be pulled back by a rope. In fact, it is you who controls the rhythm and direction. So in the K-line, you represent the moving average, and the direction you choose represents the direction of this moving average. (As shown in the figure below) The price of 5 is above the 5-day line, and the moving average price is upward, so it is optimistic. The 5-day moving average represents the average transaction price in the past 5 days, and the price is above this line, and the direction of this line is upward. Of course, some people may also say that if it falls below, it means it has gone bad? So we need to be bearish on whether the falling price is a destructive trend, and whether it will change the direction of the moving average in order to judge whether it is going bad. Of course, these are the simplest foundations. Let's talk to the new brothers about it