Someone asked, so I'll answer: When moving averages are densely packed, it indicates that the chips are highly concentrated, and a significant trend change is imminent, either up or down. For example, if we take the short-term moving averages of 20/60/120, when the 20-period moving average crosses above the 60/120, and the candlestick is above all moving averages, it indicates strong bullish momentum and an upward trend. At this time, you can go long or set a stop loss for going short. If the 120 moving average is at the top and the 20 is at the bottom, it indicates a downward trend. In this case, you can go short or set a stop loss for going long.

From my own experience, I find that for short-term analysis, looking at the 5-minute and 1-hour charts is suitable, while for long-term analysis, the 4-hour, daily, and weekly charts are appropriate.