Currently, the EMA moving average group for Bitcoin at the daily level has re-entered a bullish alignment (EMA20/50/100/200, from smallest to largest).

If the price is about to enter a one-sided upward trend, I prefer to see a gently oscillating upward pattern, similar to October 2023, where the price rises slowly and repeatedly tests EMA20, gradually forming market consensus on the rise, rather than a rapid surge to previous highs.

Why do I not wish for a rapid surge? Because when the price quickly rushes to previous highs, the larger the position, the greater the psychological pressure, and the judgment cost also increases, significantly raising the difficulty of operations.

The above logic fails if it breaks below EMA50.

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