📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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#加密货币技术分析# Analyzing the trend changes of the SMA-120 line, it can be seen that market sentiment is gradually warming up. Since the end of July, the previously long-term bearish SMA-120 line has shown signs of a reversal upward and has successfully touched the zero line. Although there was a similar attempt a week ago that failed, this time's breakthrough seems to have more sustainability. If the SMA-120 can stabilize above the zero line in the next two days, it will further confirm this trend change. Currently, the market has transitioned from the previously aggressive short positions pressure phase to a neutral bullish bias, which is a positive signal for short-term trends. However, close attention still needs to be paid to subsequent fund flows and large investors' movements to verify whether this change can be sustained.