Matrixport: Many market participants follow an indicator of Bitcoin, which is the 21-week MA.

Golden Finance reports that Matrixport's daily chart analysis states that there is no foolproof rule for Bitcoin investment, but the 21-week moving average is one of the indicators that many market participants focus on. Historical data shows that this moving average level can provide valuable reference background across multiple cycles - however, like all single indicators, it also has significant limitations. For investors who follow this indicator, reassessing their holdings and risk levels will be relatively clearer when market volatility rises. The current trend of Bitcoin may still extend in either direction, including the possibility of further decline, but this is not the end for Bitcoin. This situation reminds us that following a few simple and time-tested rules can save investors a lot of stress and repeated dilemmas.