🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Reviewing the intraday market, the Asian session saw the price dip to around 105000 before stabilizing and rebounding. As the price gradually recovered to stabilize at 107000, it welcomed the favorable information from the small non-farm payrolls that came in far below expectations. After the US stock market opened, it continued to break out with higher trade volumes, and as of now, it has surged to around 109700 but faced resistance. Ethereum mirrored Bitcoin's movement, with the daytime showing a main trend of oscillation. In the evening, it broke through with sustained higher trade volumes, currently recovering to the resistance at around 2588, providing a rise of 200 points during the day. Our real-time strategy also maintained a high short position due to the strong trend, although we unfortunately had two stop losses triggered. Fortunately, we managed to exit at crucial points to cut losses and adjust in time, ultimately achieving a total of over 2000 points in our layout. The intraday layout for Ethereum was relatively sparse, with one successful trade netting a total of 102 points. In anything you do, it is impossible to have a smooth sailing; only after experiencing storms can you see the rainbow. At the same time, our losses today also remind everyone not to go against the trend and not to be too stubborn.
From the four-hour chart, Bitcoin shows a strong upward trend, continuously closing six bullish candles, breaking through the middle Bollinger Band resistance with a fierce offensive. The upward rhythm is tight, with bullish funds strongly controlling the market, almost giving the bears no respite during this period. At the same time, market trading activity has significantly increased, with trading volumes expanding alongside rising prices, injecting strong momentum into the subsequent market development. In terms of technical indicators, the MACD green momentum bars continue to expand, and after the dual lines form a golden cross above the zero axis, they show a steady upward divergence, indicating that bullish momentum is continuously strengthening. It is worth noting that the RSI indicator has entered the overbought zone, indicating that short-term market sentiment is becoming exuberant. Be cautious and wait for a short-term pullback before chasing higher.
You can buy Bitcoin at 108300-108800, looking at around 110700. You can buy Ether at 2530-2550, looking at around 2650. #BTC# #ETH#