New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
#美联储回购协议计划 Quick glance in the morning, the crypto market is still lingering in the Christmas holiday atmosphere. Liquidity has noticeably shrunk, with trading volume nearly halved compared to usual. This is a typical holiday market—low volume consolidation with no clear direction.
To be honest, BTC and ETH have both been quite "obedient" these days—watching large orders closely. Bitcoin is currently hanging around $87,300, having dipped to $86,375 yesterday. There is resistance at $88,000-$88,500, and above that, $90,000 is a strong pressure point. Support levels are at $86,000-$86,500; if broken, look to $84,500-$85,500. The daily MACD has already formed a death cross, indicating short-term bearishness.
Ethereum is similar. The current price is $2,940, having surged to $2,976 yesterday. The resistance zone is between $2,970-$3,000, with $3,050 being a hard ceiling. Support is at $2,880-$2,900; if broken, look for $2,750-$2,800. Same bearish signals.
With year-end options settlement and institutional exits, short-term volatility is bound to increase. Instead of betting on the direction, it’s better to trade lightly—sell high, buy low, but always set stop-losses properly; that’s the bottom line.
Reference ideas:
- BTC: Short in the $87,900-$88,900 range, targeting $86,900-$85,900
- ETH: Short in the $2,970-$3,010 range, targeting $2,850-$2,890