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- 🎄 Gate Square · Christmas Warmth Creation Event
❄️ Winter is cold, but Gate Square is here to warm you up!
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📅 Event Period: Nov 20 04:00 – Nov 27 16:00 UTC
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3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
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Creator Graduation Bonus: 50 GT
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In the afternoon, BTC soared and then fell back, with the 93000 level becoming a strong resistance level in the short term, which is no longer in doubt.
From the analysis of the technical structure at the 4H level, the price is still operating within a downward oscillation channel, with the middle track continuously forming a key resistance, while the persistent shrinkage of trading volume directly reflects the insufficient willingness of bullish funds to enter.
The current market liquidity is relatively weak, and the main players have not made a clear statement. The short-term rebound is merely a technical correction and does not change the overall downward trend!
It is suggested to short BTC around the 93200-94000 range, with a target of 90000. If it breaks below, look for 88000.