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
#比特币价格走势 Looking at the recent market movements, I don't feel much fluctuation in my heart. The $86,000 level is a barrier I've seen before in 2017 and 2021—each time, analysts draw lines there, saying it's a life-and-death line—either break through to new highs or fall below and it's game over. But what happened? After several repeated attempts, those who rushed to conclusions often got proven wrong.
The current situation is actually very familiar. Trading volume is sluggish, risk appetite is limited, indicating that big funds are waiting for a signal. Events like Federal Reserve meetings and macroeconomic data often have a greater impact on the market than technical analysis. I've experienced many such range-bound consolidations— the longer the consolidation, the more ferocious the final breakout tends to be.
Interestingly, the judgments from two analysts actually point to the same logic: it's not that the technicals are broken, but that a confirmation of direction is truly needed. The psychological barrier of $90,000 has been broken, but the four-hour moving averages are still glued together, indicating insufficient momentum. This is when patience is most tested—I've seen too many people get shaken out at such key points, only to watch the market continue its course.
Back in 2013, I also made mistakes at such positions. The final lesson is: don't bet on a single move's direction; look at the trend over the cycle. The broader environment of improved liquidity hasn't changed, and central bank policy cycles are also brewing changes. These are far more important than short-term support levels.
Hold onto this patience and let the market speak for itself.