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
The recent sideways consolidation in the crypto market has left many traders feeling exhausted. Every day opens with repeated oscillations, and occasional fluctuations often turn out to be false alarms. But is this situation truly hopeless? The answer is no. From a historical perspective, the market correction cycle can actually be quantified.
This round of consolidation has lasted over a month since the bottom. According to historical statistics, intermediate corrections in a bull market typically last around 1.5 to 3 months. Based on this cycle, the market should consolidate for at least another half month, and at most another one or two months, after which the current deadlock will be broken and a clear trend will emerge. In other words, give the market two more months, and signals for a new wave of行情 will appear.
Why make this judgment? First, look at the capital aspect. Although short-term market sentiment is somewhat cautious, long-term institutional funds have never stopped their布局. On-chain and off-chain data show that mainstream leading coins have recently been continuously absorbing institutional funds. This indicates that professional investors are relatively optimistic about the subsequent行情.
Technical signals are also worth paying attention to. The current market moving average system has already shown an initial bullish arrangement. Once a volume-backed bullish candlestick appears, it could confirm the continuation of the bullish trend. At that point, the market direction will become clearer.
Volatility during the bottoming process is normal; the key is to understand the logic behind this process. When both capital and technical indicators point towards a breakout, it will be time to act.