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- ๐ Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - ๐ใGate Singapore Flagship Events ยท Square Fun Quiz Challenge Day 2ใ
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#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
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๐ Day 1 ยท Quiz (Single Choic
$BTC 9.6 Bitcoin price today: Bitcoin is currently around 110,700, the community opened a short order near 112,900 yesterday, and took profit around 6 AM today. The overall market structure remains unchanged, still looking towards the 70,000s for the medium to long term, with the first medium term target around 98,000.
The current phase is a pullback of wave x, which has gone through three upward movements starting from 107,211. It is currently in a state of consolidation, and it may shake again before moving down to around 108,000. If it reaches this level, consider going long, with a target in the range of 116,000 to 117,000; if it does not come down, then observe or wait for a breakout signal before following up.
In summary, the views on the medium to long term and medium term structure remain unchanged as of August 2, and the wave x rebound in the swing structure on August 30 is expected to reach a new high.