🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
Recently, the performance of several cryptocurrencies in the market is worth paying attention to.
ZEC has been on a good rise these past two days, breaking above $500 and approaching the previous high of $728. From a technical perspective, resistance at the previous high is quite obvious, making it a good shorting opportunity. If a short position is entered and the price retraces to the $580 range, the risk-reward ratio is quite favorable. As a reference, our previous short at $728 was held until $388, earning over 20 times the profit. For friends who entered around $400 and got caught, there is now an opportunity to add to the short at the $728 level to lower the average entry price, and later consider closing the position around or below $580 to realize gains.
BTC's recent situation is quite interesting — it has experienced a false breakout near $89,000 for the 4th time. Last Friday, after the market opened, it retraced to around $87,000, and now it’s stuck in a sideways pattern. If an opportunity arises later, a pullback to $85,388 or $80,888 followed by a rebound would be a very good left-side entry point. For traders who previously went long at high levels, there’s no need to rush; wait until the price confirms support at $80,888 or breaks above $89,000 and stabilizes before considering chasing the rally or adding to positions.
ETH’s trend also requires attention — the last time I closed a position after reaching over $3,000 from around $2,900, and this week it has been fluctuating near $2,900. The most easily overlooked aspect in trading is extreme scenarios: the lowest point during the last sharp decline was around $2,620. This number is very critical; traders who like to hold through dips should be aware of this and understand what the worst-case scenario could be. When the market truly moves, having this knowledge in mind will prevent panic exits.