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
This round of adjustment has indeed been quite fierce, with mainstream coins dropping over 70%. However, from a technical perspective, signs of a bottoming pattern have already appeared. The current position is a good entry window, as long as no new lows are made subsequently, it can basically be considered a phased bottom.
The situation for Bitcoin and Ethereum is similar, both are in oversold stages, and the probability of a rebound is quite high. However, it is important to emphasize one point—don't be fooled by short-term gains. Meme coins are especially prone to false signals of increased momentum, so position planning must be done in advance.
The suggested approach is: first, use a small position to test the bottom support; once confirmed that no new lows are made, gradually increase the position. At the same time, set stop-losses to control individual trade risk within a tolerable range. If you're unsure about the specific entry points and position ratios, think about it several times—it's never wrong to be cautious. Market opportunities are always there, but the safety of your principal is the top priority.