#比特币价格走势 Seeing Bitcoin's moving averages converge around the 90,500 range, my first reaction isn't excitement but caution. This kind of convergence looks like both bulls and bears are testing, and once it breaks through, there’s often a rapid surge. But the problem is—many people get drawn in at this very moment.

From the previous cycles, I learned a lesson: what seems like a "key breakout" is often the easiest trap set by the big players. Analysts lowering the take-profit point from 98,000 to 96,200 is a detail worth pondering. Why adjust? Is it because the market has weakened, or to control risk?

I've heard the phrase "liquidity improvement" too many times, but those who truly make it to the next cycle are never the ones chasing highs. Moving average convergence can indeed signal a bullish trend, but my advice is: don't chase after the breakout. Instead of betting on whether it will break through, wait for the breakout to actually happen, then confirm with a pullback before participating. This approach will greatly improve your win rate.

In a project’s lifecycle, the most dangerous time is often not during a dip, but when everyone is excited.