$BTC$ETH$SOL Today, the cryptocurrency market seems like a traveler wandering at a crossroads, where the movement is interspersed with some "complexity," and any oversight could lead to missing a critical trend signal. Through the moving averages system, which is the "market trend indicator," the current scene does not bode well. All short-term and long-term moving averages are trending downwards, forming a standard arrangement for short positions, as if they are stairs descending downwards, indicating that the bearish trend of the market is still in effect. More significantly, prices are completely stagnant below all moving averages, as if they are being compressed by an invisible force, making it difficult to rise. There is no doubt that this series of signals clearly indicates that the overall trend of the current market still leans towards weakness, that the previous correction phase has not yet concluded, and that market sentiments have not fully recovered from the state of stagnation.
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