The crypto market is going through a decisive technical point. After weeks of correction, Bitcoin has stabilized above key zones and has started to respect important averages — especially the short-term moving averages, which are beginning to turn upwards, signaling a loss of selling strength. The 30-period average continues to serve as a reference for regaining momentum, while the long-term averages remain tilted upwards, preserving the primary bullish trend, as taught by Dow Theory.
Recent candles show a clear rejection in the support region, with long lower shadows and increasing volume defending the price — a typical pattern of exhaustion of bearish pressure and the beginning of a rebalancing of buyers. The weekly structure also reinforces this scenario: the correction found a technical bottom, the market held the level, and formed a solid base.
With averages aligning and the price reacting from a relevant support, there are concrete signs that the reversal may begin to develop from now on.