Yesterday's feedback on the moving average strategy was quite positive, so I decided to delve deeper into a few practical cases.

Let's start with the most straightforward approach— the effectiveness of the MA38 moving average. Taking Bitcoin as an example, during the retracement from 98,000 to 74,457, the MA38 was touched multiple times but was never effectively broken. This repeated testing of the same support level is very significant. Once the price breaks through this moving average at a certain point, the MA38 can then serve as a reference point for stop-loss placement, usually with just one or two points of space. Such trades tend to have a good win rate and a favorable risk-reward ratio.

Moving to the second example. After Bitcoin retraced from 110,000, it has approached the MA38 several times. Currently, the price is around 88,907. If in the next few days it can break through this line of defense, consider moderately going long and waiting for a rebound opportunity. There's a pattern worth noting: large-cap cryptocurrencies typically do not easily break through or quickly fall below a moving average upon first contact—this is a process of adjustment. The more times they touch it, the higher the probability of a true breakout next time. Of course, nothing is absolute in this world, so be prepared for extreme risks.

The case of CRV is also interesting. It has already broken through the MA38 and pierced the downtrend line. From the trend perspective, the breakout signal here is quite clear, and the potential risk-reward ratio is indeed attractive. But honestly, the fundamentals of this coin are average, and the sustainability after the breakout is questionable. Therefore, my strategy is to take a light position and test the waters, avoiding heavy bets.