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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [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?
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Bitcoin has been steadily hovering above 118,000, while Ether continues to build momentum for takeoff, setting new highs once again. The bullish sentiment is so strong that it feels elusive, all eyes are on the market maker's mood.
If it weren't for the strength of Ether, then Bit would definitely go through a wave of retracement. Currently, funds for Bit are dispersed into various tokens and altcoins. If there is a retracement in those tokens, then Bit will undoubtedly face a significant correction.
The current sentiment among small investors in the market is: the more it falls, the more they buy (long), the more it rises, the more they sell (short). In this wave, whether it's Bitcoin or Ether, only those holding the spot are the winners. Most contracts have become fuel in the Ether market, and even short-term interventions must control risks well; the chips are key.
Hold short positions above 11.95 for the cake, and you can continue to short positions above 3850. #BTC#