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
Recently, Bitcoin has been performing quite strongly, breaking through the key resistance level of $88,000 in the early hours and stabilizing above it. This level has successfully turned into a support platform, likely to continue serving as a foundation for further upward movement. Subsequently, the price continued to rise, surpassing $88,500. Throughout this process, volume and price action have been well-coordinated, indicating a typical bullish breakout pattern—this shows that the buying strength is indeed sufficient.
From the candlestick structure, this effective breakout essentially confirms the start of a new upward trend, with the market's center of gravity clearly shifting upward. What’s the next move? In the short term, it should continue to hold above $88,000, then gradually push toward $90,000, with a further resistance at $91,500 to break through.
In terms of trading strategy, BTC can be bought near $88,300 with a target of $90,000. As for Ethereum, around $2,970 is also a good long entry point, with a target set at $3,075. Patience is key in confirming signals for the rhythm—don’t rush.