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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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Short-term market slightly upward, high point 2148, no breakthrough of the 60 resistance level. The 60 is the intra-day fluctuation zone resistance. Currently, the rise is seen as a rebound. Touching the resistance level may lead to a pullback. Focus on the suppression of the 60 and 90 levels on the market.
Updated on 2/5 afternoon
ETH: Short at 2160, add at 2212, stop loss at 2230
Take profit: 2112-2080-2042-1980
-------------------------------
Long at 1978, add at 1926, stop loss at 1880
Take profit: 2125-2175-2350
BTC: Short at 73000, add at 74500, stop loss at 75000
Long at 68580, add at 67250, stop loss at 66500
The ranges are quite large, watch out for risks.