🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Event ends: August 9, 16:00 UTC
More details: https://www
There is a question for everyone to think about. After BTC surged to 123,000 on July 14 due to a wave of short squeezes, it entered a consolidation mode. During this period, Ethereum, along with altcoins, continued to pump until July 20. Why, after BTC's breakout on July 14, was the market sentiment so good yet it did not continue to rise? Why did large funds stop buying in, instead forming a fluctuating triangle that constantly hits stop losses? Is this triangle more likely to go up or down? If this triangle goes down, what impact will it have on altcoins, and what are your plans?