After the sharp drop, BTC did not continue falling and began consolidating in the early morning to build momentum! After the consolidation, will there be a rebound recovery or a second breakdown and decline? BTC reached a high of 78966 today and dipped to a low of 78230. The early-morning market consolidated within a low-range zone. After yesterday’s sharp drop established a low, the market entered a low-level consolidation and bottom-building phase, with volatility narrowing. ETH, moving in tandem with BTC, is also showing a consolidation and recovery phase. Based on the current overall BTC market, both BTC and ETH are in a consolidation and recovery phase this morning. Bing Ge believes the focus this morning should be on the consolidation range and observing the strength of the rebound. Wait patiently for a valid breakout signal. In terms of operations, Bing Ge believes a long-entry range is available, and we should see whether it can reach our expected long target. We will enter after the market provides a clear signal in line with expectations. BTC 78200–77600 long, target around 79000 ETH 2480–2460 long, target around 2510 #Gate全球首发股票事件合约 #Gate上线打金狗限时免Gas费

Last night, BTC dipped to 77600 after the U.S. stock market opened, then rebounded to 79000 before meeting resistance, and is currently hovering around 78500. In terms of volume-price action, bullish candle bodies gradually narrowed during the rebound while trading volume declined, showing clearly insufficient willingness to chase the rally. The move was more short covering triggered by bearish position closures than the entry of active buying, and a rebound without volume suggests limited upside. Technically, 79000 has been tested multiple times without a breakout, forming short-term flat-top resistance. This level is also near the dual resistance of the 4-hour Bollinger Band middle line and the EMA12. On the daily chart, highs continue to decline while lows keep refreshing (80800→77600), with the downtrend intact. Last night’s rebound happened to touch the descending trendline before retreating, leaving the broader bearish structure unchanged. If the price retests 77600 in the short term, support is likely to weaken significantly on the second test. Once that level breaks, the downside target is 76000. Operationally, short positions are recommended after resistance is confirmed near 79000. Before a sustained break above 79500, any rebound can be viewed as an opportunity to build short positions. #Gate全球首发股票事件合约 $BTC

$ZEC USDT perpetual 75x short position floating profit +368.48% (entry 1211.01, latest 1148.12). In January 2026, the SEC concluded its investigation into Zcash, removing the regulatory sword hanging overhead. Coupled with the spot ETF listing in August, ZEC reached a ten-year high. But risks lurk beneath the fundamentals: the core development team, Electric Coin Company (ECC), collectively left at the beginning of the year to set up independently, casting a shadow over the ecosystem’s long-term development. The countdown continues for the EU’s MiCA regulation to clamp down on privacy coins. Buying momentum weakened after the price surged to $1,250. The 75x short position capitalized on the risks of team turmoil and the regulatory discount thesis, successfully shorting at the peak of exuberant sentiment (1211). $BTC $ETH #Gate上线打金狗限时免Gas费