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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
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7.23 Market Analysis:
Last night, after a quick rebound from a downward pin on the pancake, it broke through 120,000 points to 120,300, but the bulls failed to sustain the upward momentum and started a pullback in the morning.
Looking at the 1-hour candlestick chart, the price of the currency has encountered significant downward pressure after reaching the upper band of the Bollinger Bands. It is currently in a downward trend, having fallen below the upper band, indicating an overall correction state. The MACD lines are moving upward but have clearly peaked and are now pulling back, indicating weakened bullish momentum; the KDJ three lines have crossed downward to form a death cross, suggesting a downward trend.
Operation Suggestions:
The price of Bitcoin is around 119500-120000, with the first target looking down to around 118300. If it breaks through, continue looking down to around 117000.
Auntie around 3770-3800, aiming to look down near 3670-3710 #山寨季来了？# #稳定币监管风暴# #Gate 6月透明度报告#