星球日报
星球日报|Oct 21, 2025 05:43
**[Matrixport: Bitcoin Hits 21-Week Moving Average, Market Focuses on Key Technical Level]** Odaily Planet Daily reports that Matrixport released a chart today indicating that the 21-week moving average has once again become a critical observation point for Bitcoin's price movement. This level has historically been regarded as an important dividing line between bull and bear markets: when the price is above it, it often signals a shift from bearish to bullish sentiment; conversely, a drop below it typically suggests the market is entering a correction phase. If Bitcoin fails to reclaim this level for an extended period, the current consolidation trend may further evolve into a deeper pullback. At present, the extent of the pullback remains relatively moderate, and under the widespread expectation that the Federal Reserve will continue to cut interest rates, the overall trend may remain manageable—unless there is a significant weakening of the U.S. economy. From historical experience, the ideal entry point often occurs when Bitcoin briefly dips below this moving average and then reclaims it, maintaining that level for an extended period. Until this signal emerges, investors should remain cautious.
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