From the perspective of a 30-minute short-term trend, it has already reached the take-profit zone based on the lifeline strategy drawn earlier. From the 12H long-term structure, it has preliminarily formed the 'W bottom' that has been emphasized over the past few days. As long as there’s no breakdown, this moving average can serve as a defensive position for upward trades and a spot for repeatedly going long while playing short. $BTC