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
Bitcoin and Ethereum both hit the expected support levels yesterday, a judgment I already explained in detail the day before yesterday.
Based on the trading approach shared yesterday, the key point is to be decisive in building positions when the pullback signal appears. The most important thing now is to see whether this support zone can hold, and then lead us to rebound upward.
Next, we are likely to enter a phase of oscillating upward movement. The probability of a sudden sharp surge is not very high.
This stage particularly tests patience. The market needs to repeatedly oscillate to accumulate short-selling strength before it can break through upward with quality.
Conversely, if a rapid surge occurs in the short term, it’s a sign to stay alert—it's very likely to be a false breakout followed by a pullback. For example, a direct surge to 96k for Bitcoin or a quick surpassing of 36k for Ethereum are mostly fleeting and cannot be sustained.
Therefore, the most prudent approach right now is to follow the oscillation and push upward step by step. Such a trend can withstand tests and go further. Continue to stay vigilant, seize every rhythm change, and seek steady gains.