🎉 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
News can make people double their investment in an instant, but faith can carry you through an entire cycle. True gains are not in the moment in front of the screen, but in every dark night you persevere. A bear market? That’s not the end, but a long letter written for those with patience; a bull market? Not the end either, but a reward for those who continuously enhance their understanding.
Since early morning, Bitcoin has been experiencing wide-range fluctuations, with intraday volatility gradually narrowing, and the price oscillating around the 87,600 level. The entire fluctuation range has already shifted downward significantly compared to previous periods.
From the daily chart perspective, the situation is a bit tricky. The price has failed to stabilize above the 88,000 level after several rebounds, each time being pushed back down. The Bollinger Bands are opening downward, and the moving average shows a bearish alignment, with the five-day attack line already sliding toward 90,000, creating resistance. If there is no decent rebound today, there is a risk of further downside.
Overall, technical indicators lean towards bearishness, and trading volume is increasing. Based on this assessment, the suggested trading strategy for today is: mainly short on rebounds, with long positions on dips, while closely monitoring key levels for potential breakthroughs.
Specific trading suggestions:
- Short Bitcoin around 88,000, targeting 85,000
- Short Ethereum around 2,970, targeting 2,700