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
Weekend market movements have provided many opportunities. Friends who placed pending orders during this wave of Bitcoin's rise should have gained around 800~1000 points, while Ethereum's performance has been slightly weaker.
This round of rally has been instilling confidence in everyone, but don't just watch the show when approaching resistance levels. According to the rhythm, the 94500 level was reached as expected. The next key area to watch is between 93000 and 93500. As long as the price hits these levels precisely, there will be opportunities to enter the market.
A reminder to friends holding short positions: don't be too greedy. You can't enjoy both the head and tail of the fish; just eat enough of the body. My personal judgment is that on Monday, in the absence of major news, the target will be around 96500. So, support levels should be used to enter positions, but keep your position sizes controlled.
For those who want to hold from start to finish... well, forget it. There are more thorns than meat, so trade within your limits.
The weekend trading strategy mainly revolves around the low point of 94500 from last night and the area around 3055 for long positions. Touching the resistance levels can still be an opportunity to try short positions. Specific levels are clear on the chart; since weekend volatility is generally low, I won't mark each one individually.