🚀 #GateNewbieVillageEpisode4 ✖️ @比特一哥 
📈 Follow the trend, pick your points, wait for the signal 
💬 Share your trading journey | Discuss strategies | Grow with the Gate Family 
⏰ Event Date: Oct 25 04:00 – Nov 2 16:00 UTC 
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7.15 Early Morning Thoughts
Currently, Bitcoin has shown a significant decline from its peak, with short-term moving averages turning downwards, forming a converging pattern with long-term moving averages. The short-term convergence is dominant. Although the price has broken below previous important support levels, there is still a certain foundation for upward momentum. This pullback is highly likely to be a phase adjustment, and the short-term retracement may very well be preparing for the next rebound to reach new highs. It is recommended to buy Bitcoin around 119800, with a stop at 119100, and to look for levels above 122000. For Ethereum, buy near 3020, with a stop at 2980, and look for levels above 3070 #比特币 .