Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
【$USTC Signal】Short Position + Beware of Abnormal Surge
After a 14% abnormal surge, the open interest has also skyrocketed. This is usually a sign of short squeeze or main force pushing up to offload, rather than the start of a healthy trend. Price action (PA) appears as a one-time pulse, lacking sustained buying absorption and structural support.
🎯 Direction: Short Position
Market Logic: This combination of “price increase + surge in open interest” is often unsustainable on old assets lacking fundamental support. The price has moved far away from any identifiable value zone, making chasing longs highly risky. Wait for the price to cool down and form new structures before making an assessment. Small losses, big gains—profit is about probability, not a single game.
Trade here 👇 $USTC
---
Follow me: Get more real-time analysis and insights on the crypto market!
$USTC
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启