Definition ∞ A long-term trend break signifies a substantial deviation from a sustained price direction over an extended period. This technical analysis concept suggests a potential reversal in the prevailing market sentiment for an asset, moving from an uptrend to a downtrend or vice versa. It typically involves a decisive move below a long-term support level or above a long-term resistance level, confirmed by significant trading volume. Such an event often signals a fundamental shift in market dynamics.
Context ∞ Cryptocurrency news regularly reports on potential long-term trend breaks for major digital assets like Bitcoin or Ethereum, analyzing their implications for the broader market. Analysts often examine weekly or monthly charts to identify these critical junctures, which can precede prolonged bull or bear markets. Understanding these breaks helps investors contextualize significant price movements and adjust their investment horizons.
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