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Last night after sleeping, the price was still hovering in the same range, but many people's positions have already disappeared. The long-awaited top-reversal correction has finally arrived, and luckily the support for the correction wasn't too extreme, just bouncing back within the 91500-91100 range, which is in line with expectations. This wave of decline is actually preparing for a period of narrow-range convergence later, so even though it has come down, it’s actually a good opportunity to participate. However, it’s unlikely that a trend will emerge in the near future, so it’s still best to rely on a high short and low long strategy.
Regarding BTC, today’s key focus is whether the 91500 support can continue to hold. If it breaks directly, the long opportunities below can be seen at 90200 and 89600. The resistance above is at 95600, and further up, the 96100 to 96400 range is a good place to lay in wait—if the price surges up, it’s very likely to turn around around this area.
For SOL, in the short term, 144.3 is a resistance, and 135.3 is a support. First, see if there will be a spike at these levels. If there are no signs of a spike, then the upper resistance points to 148, and the support is between 132.4 and 131.7—continue to participate with a high short and low long rhythm within this range.
For ETH, the 3205 level is critical; observe whether it can hold. If it breaks down, the real supports are at 3165 and 3110. The short-term resistance above is at 3325, and once broken through, there are two points to watch at 3370 and 3385—these are good points for shorting.
Overall, after last night’s wave of spikes and dips, it’s clear that the market is starting to move into a top-distribution phase. After a pullback, don’t all start shouting that the bear market is here—this is just laying the groundwork for the next rally, a consolidation phase. So there’s no need to be too nervous; just stay calm. Given the lack of trend opportunities recently, the trading approach should be maintaining a high short and low long participation, taking profits when the market looks good, and cutting losses when necessary.