🍀 Spring Date with Fortune, Prizes with Raffle! Growth Value Phase 1️⃣ 7️⃣ Spring Raffle Carnival Begins!
Seize Spring's Good Luck! 👉 https://www.gate.com/activities/pointprize?now_period=17
🌟 How to Participate?
1️⃣ Enter [Square] personal homepage, click the points icon next to your avatar to enter [Community Center]
2️⃣ Complete Square or Hot Chat tasks such as posting, commenting, liking, speaking to earn growth value
🎁 Every 300 points can raffle once, 10g gold bars, Gate Red Bull gift box, VIP experience card and more prizes waiting for you to win!
Details 👉 https://www.gate.com/ann
Big Bitcoin bounced off the early morning bottom and strengthened with intraday fluctuations, with multiple attempts to breach the 72000 level in the evening failing.
The current market is in a high-level consolidation pattern, with bulls repeatedly failing to break above resistance despite multiple upside attacks. Trading volume and volatility are contracting in sync, with the daily line closing as a small positive candle. Price is stabilizing above the EMA30 moving average, and after a pullback at midnight, it quickly recovered, with short-term support proving effective. The 4-hour cycle continues to face pressure from key resistance levels, with rebound highs gradually declining and bull momentum weakening, signaling the need for technical correction. The main strategy for the subsequent market remains short at higher levels.
Big Bitcoin: Short in batches on rebounds from 71800-72500, target 71000-70000-68500
Ether rebounds: Short in batches from 2190-2230, target 2100-2000$BTC $ETH