🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Personal observation, for reference only. Please be responsible for your own funds.
I originally expected last night to be the final bottoming out, but instead there was another downward sweep. In this market cycle, I stopped out of one position each in Bitcoin and Ethereum.
After carefully reviewing the chart, I found that the core issue is—Bitcoin, the big brother, surprisingly hadn’t hit the bottom the day before yesterday, which directly suppressed other cryptocurrencies in the market. Some coins even broke through the support levels and trend lines I previously observed. However, on the other hand, this correction has highlighted the resilience of Ethereum and Solana, with relatively strong strength, and their subsequent performance is still worth looking forward to.
And Zec, please don’t sneak out early, I haven’t even opened a position yet. Can you follow the mainstream rhythm next time and not be so mischievous alone?
From the Bitcoin daily chart, the left shoulder resistance level was tested and closed yesterday. On the 4-hour chart, Ethereum and Solana are still in adjustment. Overall, this downward move is more about confirming previous highs and forming a bottom.