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
#BTC #ETH #GT
Analysis of BTC Movement
Technical Analysis
Pattern: Descending triangle (bearish), with support at 102,307.45 and resistance at 104,760.70.
MACD: Bearish (negative histogram -759.136),
Movement Prediction
4 Hours: Bearish, potential drop to 100,953.00 if support breaks.
1 Day: Bearish, target 99,095.20 if the trend continues.
1 Week: Bearish, target 95,116.30, unless there is a significant reversal.
Advantageous Position
4 Hours: Short, target 100,953.00, stop loss 104,760.70.
1 Day: Short, target 99,095.20, stop loss 104,760.70.
1 Week: Short, target 95,116.30, stop loss 108,053.00.
Note
Wait for confirmation of the support breakout before entering a position.
Monitor news that may affect the crypto market.
Manage risk tightly (1-2% of capital per trade).