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The convergence of three lines and the golden cross at the bottom is one of the most practical examples.

The so-called golden cross at the bottom, in simple terms, refers to the simultaneous occurrence of the golden crossover points of the moving averages, volume averages, and MACD. After a long-term decline, the price of the cryptocurrency stabilizes and builds a bottom, after which the price slowly rises. During this time, the golden crossover points of the 5-day and 10-day moving averages, 5-day and 10-day volume averages, and MACD often appear, which is usually an important signal of the price bottoming out and rebounding.

The market significance of the golden cross at the bottom is that after a long-term decline, market sentiment weakens. When there's no further decline possible, it begins to enter a bottoming phase. As the main players gradually accumulate positions, the price finally begins to rise. The initial price rise may be extremely slow, or it could suddenly surge after a period of accumulation, but regardless, it will ultimately lead to a higher price bottom and a strong bullish trend. When trading volume continues to expand and pushes the price upwards, the 5-day and 10-day moving averages, 5-day and 10-day volume averages, and MACD naturally form a golden crossover, which is a strong bottom signal. As the price increases, retail investors who bought at the bottom start to make profits, and this strong demonstration effect of making money will attract more outside main players to intervene, thus triggering a powerful bullish market.

From a technical perspective, the emergence of the golden cross has three layers of meaning:

1. The golden cross of short- to medium-term moving averages indicates that the market's average holding cost has developed favorably for bulls. As the bullish profit effect continues to expand, it will attract more outside main players into the market;

2. The golden cross of short- to medium-term volume averages indicates a further recovery of market sentiment, as new funds from outside continuously enter the market, making the volume-price relationship increasingly ideal;

3. The golden crossover of MACD, whether the DIF and MACD are above or below the 0-axis, when DIF breaks above MACD, it is a good short- to medium-term buying point, although the former is a better medium-term buying point, while the latter is merely a rebound from a temporary short-covering. In summary, with the appearance of the golden cross, three of the four key elements in technical analysis—price, volume, time, and space—signal a buy, greatly increasing the probability of accurate judgment. Therefore, the convergence of the three lines with the golden cross is a strong signal for bottom buying.