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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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- Gate Brand Strategy Major Upgrade
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- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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From the daily chart, it was originally estimated that there would be a temporary upward movement to lure more before starting to fall again. However, after failing to break the high point, the candlestick closed with a bearish tone, and this continued at the opening today. The Bollinger Bands narrowed and began to move sideways, breaking through the short-term moving average. The MACD fast and slow lines turned again, and the volume bar turned green with a slight increase in volume. The KDJ turned downward to form a cross, and the VR index consolidated near the value of 40. Looking at the 4-hour chart, the market tested the lower support, and the Bollinger Bands showed a slight opening, with the moving average running around the middle band. The short-term moving average turned downward, and the MACD fast and slow lines crossed downward, with the fast line breaking below the 0 axis and the volume bar continuing to increase. Overall, after the market broke through the upper border of the downward channel, it did not continue but returned to the channel. So, how to operate in the short term? It is recommended to follow the analysis in the live broadcast room for short-term operations.