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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 — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
【$XNY Signal】Short Position + Volume-Price Divergence Observation
After a sharp increase of 8.75%, the price and open interest surged simultaneously, showing typical characteristics of a “short squeeze” or “main force strong push.” This pulse-like rally lacks structural support and is usually accompanied by sharp retracement.
🎯 Direction: Short Position
The current market is driven by sentiment, indicating an unhealthy trend initiation. The price has detached from any identifiable support structure, making chasing longs extremely risky. The true direction will only be confirmed once the price cools down and forms a new supply and demand equilibrium zone. Be patient and wait for the market sentiment to fully release, then observe whether the price can form a new demand zone on higher timeframes.
Trade 👇 $XNY here
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$XNY
#Is the current market bottoming or just waiting?