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
This evening, the crypto assets market is showing a volatile trend. Bitcoin experienced a pullback after reaching a daily high of $106,100, dipping to the $104,700 region for consolidation. Meanwhile, Ethereum fell from $2,582 to around $2,517.
From a technical perspective, the daily chart shows weakening momentum, presenting a bearish candlestick pattern; while the short-term period chart indicates signs of a rebound after a contraction in trading volume. The overall market rhythm is slowing down, mainly manifested in a range-bound fluctuation pattern.
For short-term trading strategies, it is recommended to pay attention to the support level of Bitcoin in the range of 104500-104000 USD. If it stabilizes, it may rebound towards the 105700-106200 USD area. In terms of Ethereum, keep an eye on the support range of 2508-2485 USD. If it can hold effectively, it is expected to challenge the resistance level of 2545-2565 USD.
Market sentiment is generally cautious, and investors should closely monitor changes in trading volume and the breakthrough of key price levels, while reasonably controlling risks.