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- 🚀 #GateNewbieVillageEpisode2# ✖️ @独领风骚必暴富
💰 Share your first profit on Gate ｜ 🎉 Recall your most unexpected gain ｜ 🤝 Grow with the community
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If merchandise cannot be shipped, it will be replaced with a $30 Futures - 🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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September 5th BTC/SOL/ETH contract long and short strategy: one thought of heaven, one thought of hell!
Yesterday's market is undeniable, the whales are impressive. At the last moment of the daily closing, it managed to close above the MA120 moving average, so today has become the final defense line. Therefore, today must close positively and stay above the MA120. If it breaks down again, it will lead to a bottomless abyss with no way to retreat!
On the 3-day line, Bitcoin has just backtested the previous bottom model, which has also provided effective support for the market. Based on the current indicators, the probability of the bulls winning is still quite large!
The short-term support for $BTC today is at 110200. As long as it doesn't break here, it can continue to rise. The deeper support is at 109500 and 108900. The short-term resistance above is at 112200 and 112950.
$SOL was analyzed this morning, and it is highly likely that the market maker is maliciously attacking the coin price, and everyone was advised to continue holding the 203 long position. Now, we need to pay attention to whether the short-term resistance at 206 can hold. If it holds, it is likely to support the swap, with resistance levels at 208 and 210. If it doesn't go up, the support after breaking the previous low will be at 199 and 195.
Pay attention to the short-term resistance at 4370 for $ETH today to see if it can hold and switch between support and resistance, aiming to look up at the resistance levels of 4415 and 4450. If it breaks below the recent low, the support below is at the pin levels of 4250 and 4225.
In conclusion, today has once again reached a crucial moment for the bulls' survival. MA120 is the final death knell, but we choose to believe in the 3-day line model. The bulls still have hope; this is a choice between heaven and hell! (Follow the department head for daily updates on market analysis and precise entry points. Long and short positions are for B friends' reference only, with strict stop-loss and take-profit.) #ETH