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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
ShTap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
📌 Current Structure:
Bitcoin consolidates around ~$90,000 to ~$92,000 with decreasing volatility and an imminent breakout potential.
📍 Key Level to Watch
Intraday Support:
🟩 $89,500 — level where buyers recently defended.
Resistance:
🔵 $95,000 – profitable exit zone if the price breaks and holds.
📈 LONG TRADE (BULLISH)
📌 Entry: $90,000
📌 Take Profit 1: $93,500
📌 Take Profit 2: $95,000
📌 Stop-Loss: $88,800 (outside support zone)
👉 If BTC breaks and closes above $95,000, target extension towards ~$97,500–$100,000.
👉 If BTC breaks and closes above $95,000, target extension towards ~$97,500–$100,000.
📉 SWING TRADE (REACTING TO THE DIP)
📌 Short Entry: $94,500
📌 TP1: $91,200
📌 TP2: $89,500
📌 Stop-Loss: $96,000
💡 Short only if the $95,000 resistance strongly rejects with high selling volume.
( Stay Tuned V- ETH🔥 Next Positions )
#DailyMarketOverview #vip