Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Monday🗓️ "January 12th"
From a technical perspective, today’s midday pullback shows a clear "sharp decline followed by gradual recovery" trend. During the pullback, trading volume did not show panic selling, indicating limited selling pressure and more of a deliberate shakeout by the main players to clear out short-term holders.
After the price touched the support level, the EMA moving averages shifted from downward to flat, and the MACD indicator also showed a bullish crossover signal, all indicating that short-term rebound momentum is building, and an upward breakout is imminent.
Based on the current market characteristics, our trading strategy is very clear: use 90,000 as the core defense line, and the pullback is a good opportunity to establish long positions.
Operational strategy reference:
BTC🎯 89800-90300 range, target 91800. After breaking through, focus on 92300~92800.
ETH🎯 3070~3100 range, target 3170. After breaking through, focus on 3220~3250.
Market volatility is a normal part of trading. This pullback and shakeout are to accumulate momentum for a stronger upward movement later. Please strictly manage risk.