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
#以太坊大户持仓变化 Bitcoin on the 4-hour chart, although the previous continuous decline looked fierce, the momentum is actually gradually weakening. The rebound magnitude is noticeably smaller compared to the previous rally, but it has always held the long-term upward channel, which is key. Currently trapped in a horizontal oscillation, the bulls and bears are still battling.
Interestingly, after the price touched the lower boundary of the channel, it rebounded with several consecutive bullish candles and stabilized above the middle line of the Bollinger Bands. This indicates that the space for this correction is actually limited — a positive signal.
Looking at the 1-hour chart, the bears have no strength to continue pushing down, and the downward space is severely suppressed, resonating with the 4-hour trend. This short-term pullback is just a buildup, so there’s no need to worry.
**Trading Strategy**
Bitcoin: Approaching the 92,400-93,200 zone, you can start to buy in batches. Once it stabilizes and holds, target the 94,300-95,600 range.
Ethereum: Same logic, around 3,180-3,210 is a good accumulation point, with resistance at 3,265-3,310.
$BTC $ETH $XRP