New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Technical analysis shows that the market is presenting new dynamic changes within the four-hour cycle. The price has successfully broken through and consolidated above the middle band of the Bollinger Bands, indicating that the buying power is gradually strengthening. Meanwhile, both the MACD and KDJ indicators have formed a golden cross pattern, further confirming the formation of this positive trend.
However, a rational examination of the current situation shows that the market remains locked in a volatile range. Although the bulls show certain advantages, the overall oscillating trend of the market has not fundamentally changed before effectively breaking through the key resistance level above.
For BTC, consider establishing a long position around 105000, with a target price of about 106500. For ETH, a long position can be laid out near the 220 price level, with a target price range of approximately 2600.
It is worth noting that the current market sentiment is being influenced by multiple factors, including Michael Saylor's potential increase in Bitcoin holdings, Trump's Bitcoin policy, adjustments to U.S. trade policy, and the Cardano stablecoin proposal. These events may bring additional volatility to the market in the short term.