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- 🚀 Gate Square Event: #GateNewbieVillageEpisode8
👤 Featured Creator: @ybaser
💬 Trading Quote: The market tests you, but panic is the only real loss.
Share your trading journey | Reflect on your strategy | Grow with the Gate Family
⏰ Event Time: Nov 26 04:00 – Dec 3 16:00 UTC
How to Join:
1️⃣ Follow Gate_Square
2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode8
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— The more genuine and insightful your post, the higher your chance to win!
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💡 How to Participate
1️⃣ Follow Gate_Square
2️⃣ Open the Gate APP and tap “Square” at the bottom
3️⃣ Tap the Post button and publish your post with the hashtag #MySuggestionsforGateSquare
✍️ Post Examples
1️⃣ Which features do you use the most? What is your experience?
2️⃣ Which features cou - 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
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The market has improved after two days of correction, and BTC has held above the support around 86000, moving towards the resistance near 89000. Currently, it is in a fluctuating rise trend, with another resistance around 87000. The key level is at 86700; if it holds above this level, there won't be too much pullback. To enter a long positions trend, BTC should recover above 95000 to be reasonable.
Looking at Ethereum again, it is currently in a fluctuating upward trend, with recent resistance around 2920. It is currently hovering near this resistance level. Further up, resistance is around 2970. For Ethereum to enter a long positions trend, it should close above 3150 to enter a long positions trend. BTC hasn’t made any big moves these days, but there are quite a few conspiracy theories brewing, so just take a look.
The current 4-hour level is still catching its breath, and the wounds from the previous significant drop have not yet healed. The market's current expectation is for a rate cut and a halt to tapering in December, which could indeed bring some liquidity, but it remains uncertain how much will flow into risk assets.