In the 1-hour K-line chart of BTC, when the short-term EMA (7-period) crosses the long-term EMA (30-period), it is often seen as a potential trend reversal signal. If EMA7 crosses below EMA30, it indicates that the short-term price trend is starting to weaken, which may trigger the formation of a downward trend.
At the same time, in conjunction with the downward trend confirmation indicators of the Vegas Channel (144 and 169), if the price remains consistently below the 144 and 169 channels, this further strengthens the expectation that the price may continue to decline. The Vegas Channel serves as a dynamic support/resistance area here; if the price cannot effectively break above these channels, it often indicates significant downward pressure.
Therefore, combining the EMA crossover with the downward signals from the Vegas Channel, BTC may enter a downtrend, and investors should be wary of potential market reversals and make corresponding operational decisions within a risk control framework.
