Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Evening Analysis
The daily chart continues to decline, with frequent bearish candles. The long bearish candles on the 31st and 1st confirm strong bearish momentum; the 4-hour chart shows oscillating downward movement with weak rebounds, and multiple support levels are being pressured. The MACD negative histogram shortens, and the DIF and DEA are operating below the zero line, indicating that bearish momentum is weakening but still dominant.
Trading Recommendations
Look for short positions around 79,000-79,500 for Bitcoin, with targets near 76,000-76,500.
Look for short positions around 2,340-2,370 for Ethereum, with targets near 2,140-2,170.