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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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【$STX Signal】Short position + decline accompanied by abnormal open interest
$STX Price decline accompanied by high open interest, market logic suggests caution against long liquidation or main force distribution risks. The current chart shows no clear bottom structure, and price action is relatively weak.
🎯 Direction: Short position
Wait for the price action to give a clear reversal signal or for the downward momentum to exhaust. The current market structure is unclear, and forced trading has a poor risk-reward ratio. Small losses, big gains—only betting on probabilities.
Trade 👇 $STX
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