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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
From a technical perspective, the MACD indicator on the 4-hour chart shows a continuous narrowing of red bars, and the fast and slow lines have already shown signs of turning down at high levels, indicating that short-term upward momentum is weakening; although there is still some long positions strength on the daily chart, it is necessary to pay attention to the potential divergence risk and be alert to insufficient follow-up momentum.
For operations on BTC, consider placing short positions in the range of 117000-117500, targeting 114600-115600.