Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Recently, Bitcoin's rebound has seen a brief increase in trading volume, but the follow-up momentum is clearly lacking. Comparing the average volume levels of MAVOL5 and MAVOL10, the current trading volume is still below these levels, indicating that the bulls' pushing power is gradually weakening.
From the perspective of price-volume relationship, a typical "sharp rise with decreasing volume and subsequent pullback" pattern has appeared—prices surged, but buying enthusiasm did not keep pace. This mismatch often signals a weakening upward momentum.
Based on this pattern, the short-term trading strategy is to consider short positions within the 91,600-92,100 range, with target levels around 90,000-89,000. This zone is not only an important support level from earlier but also an area of repeated battles between bulls and bears.
Risk warning: Be sure to set stop-loss orders before trading and avoid exposing yourself to unnecessary risks. The market is ever-changing, and protecting your principal is always the top priority.