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
The current market shows Bitcoin in a state of oscillation and adjustment. The long positions established during the previous rally are now at risk. It is recommended that friends with open positions exit as soon as possible or reduce their positions to cut losses at cost price. SOL and Ethereum are also experiencing a synchronized pullback, and holdings of these two cryptocurrencies should similarly be taken profit on or partially reduced to respond.
From a technical perspective, Bitcoin still has the potential to test around 90,700, and may even break through the 90,000 psychological level. However, do not rush to buy the dip; it is more prudent to gradually establish new long positions after the price has truly fallen. This approach can both avoid the risks of the current correction and provide better entry opportunities at lower prices. The current strategy is to stay observant and wait for clear support signals before taking action.