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Why can prices sometimes quickly retreat after the market breaks through a key resistance level?
In crypto markets, a price break above a key resistance level often attracts traders. But some breakouts last only a short time, and prices then fall rapidly, leaving those who bought into the rally at a disadvantage. This phenomenon is commonly known as a false breakout.
First, a breakout does not mean a trend has already formed. A brief move above resistance may simply indicate that buying pressure temporarily outweighs selling pressure. If sustained demand fails to follow, the price may return t
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$agc It's already nearly halved today, so I can only farm half as much per day now
At the current price, a earns 90 for a full day's work
b already broke even yesterday and earns 40 a day from mining
A free 100u Hai Di Lao meal every day
The United Nations has so much money—can’t it replace the chairs?
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$BTC
We went long inside the telegram.
Full trade breakdown and analysis with a solid reaction from our so far entry.
Join free today:
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BTC-0.67%
STRONG BULLISH $XAU ‌ Trending upward. Bullish momentum is very strong following a breakout from the 3,970 area. The MACD is positive, supporting further gains. Next resistance targets: 4,053–4,070. Nearest support: 4,020. Conclusion: The upside potential remains dominant. However, be wary of a temporary correction, as the price has risen sharply. If it can hold above 4,020, the bullish trend is likely to continue.
Note: Crypto and stock transactions carry the risk of loss. Please conduct your own research (DYOR) before trading. This information is for general purposes only and does not const
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XAU+0.38%
GM if you GM🔆
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More than twenty districts flipped blue overnight, and in some places Trump won by double digits just two years ago!
This isn’t a midterm election—it’s voters using their ballots to put a lock directly on Trump’s agenda
He lost the House, and the Senate too; both chambers are now in Democratic hands, legislation can’t move forward, nominations can be blocked, and the government can be investigated from top to bottom
The more dramatically they flipped red back then, the more fiercely they’re flipping blue now; there are no permanent political strongholds
Over the next two years, Trump’s legisla
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#晒出我的持仓收益 I'm going to fight you to the bitter end today, you motherfucker
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$INJ is consolidating inside a horizontal channel on the LTF. $INJ is holding the mid-range, and we're watching for a potential breakout.
A clean move above the channel resistance could trigger the next leg higher. Keeping $INJ on the radar.
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INJ-1.67%
$ETH A textbook breakout pattern. We've been hovering around 2300 for too long. Set your stop-loss and charge with me!
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ETH-1.23%
It really feels like women have to work much harder than men to get to this level.
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US midterm night gave crypto a proper scare and then just walked it back.
CoinDesk says $BTC dropped to about 75.7k early Wednesday when the first results pointed to Democrats taking both chambers of Congress. Bloomberg called it a seven week low. Stock futures and the dollar slid with it.
Then buyers showed up fast. Price went V shape and is back around 78.3k now, green on the day.
Why it matters for us is the CLARITY Act, the bill meant to set rules for US crypto markets. A split Washington could slow it down, so headlines on that will move things.
ETF flows are still red too, Farside shows
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BTC-0.67%
This is getting ridiculous. To stabilize the market, the A-share market is even preparing to make listed companies borrowing money to support stock prices the norm! 😂
The China Securities Regulatory Commission has rolled out a package of measures to stabilize the market. Here are a few interesting ones:
1) The interest rate on special relending for stock buybacks and increased holdings has been cut to 1%, and the program will continue long term, allowing listed companies to access lower-cost funds for buybacks.
2) Applications for the third batch of the swap facility exceed 100 billion yuan,
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Markets kick off Election Day with a selloff! BTC drops below $77k and ZEC falls nearly 10 percentag
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Eight years does not mean asking everyone to wait eight years; it means making sure every step stands up to scrutiny. 🌍
Over the past few days, ONEA has received a great deal of community feedback that deserves to be taken seriously.
One question in particular is worth continuing to discuss:
If a project has an eight-year plan, how can people know that the plan is gradually becoming reality?
This is a reasonable question, and it deserves a substantive answer—not just another repetition of the slogan of long-termism.
A roadmap should not just be a promise; it should leave behind verifiable foo
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99% of people get this math question wrong
What is the additive inverse of 2024?
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📣 Daily Standouts Nominations | Bring your best post to the replies
Square Scout is on the lookout for your best work 🔎
If you could recommend just one of your posts, which would it be?
Market views backed by reasoning, honest trade reviews, useful explainers… show us what you’ve got.
💬 Drop your Gate Square post link + one reason it’s worth reading
You can recommend great posts by other creators, too. Found a perspective that catches your eye? Open the original post and share a question, an insight or a different view to keep the conversation going.
🕒 We’ll scout the replies for our Daily
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Gold is going wild today, and with the quant system helping us catch the best opportunities, we're all making profits today, right
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GLDX-0.40%
PAXG+0.37%
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