律动BlockBeats|11月 04, 2025 07:49
[Matrixport: Market Downtrend May Persist, But It’s Not Enough to Signal the End of Bitcoin’s Trend]
BlockBeats News, November 4th, Matrixport released its daily chart analysis stating, 'When investing in Bitcoin, there is no absolutely effective trading rule, but many market participants tend to focus on one key indicator: the 21-week moving average.
As we have mentioned multiple times in our weekly *Matrix on Target* reports, the 21-week moving average has repeatedly demonstrated a certain reference value across multiple cycles in the past.
Investors who pay attention to this indicator often find it easier to reassess their positions and risks during periods of heightened volatility. While the current trend does not rule out the possibility of further declines, it is also not enough to indicate that Bitcoin’s trend has ended. It serves more as a reminder: rather than being completely swayed by short-term noise, it’s better to refer to a few simple, time-tested reference points as relatively stable benchmarks for decision-making.'
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