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
Recently, the trends of Bitcoin and Ethereum have become increasingly interesting. The confrontation between bulls and bears has clearly intensified. Although the K-line shows a rebound signal, the overall market direction remains unchanged; a mere partial rebound cannot hold up.
Looking at the four-hour chart makes it very clear—price repeatedly tests the key resistance level without breaking through, each time leaving long upper shadows. What does this indicate? The selling pressure above is gradually increasing, and the possibility of weakening is rising.
Market sentiment is currently a mix of extremes. Some are still chasing the rally and optimistic, while others choose to wait and avoid risks. With the weekend approaching, trading activity naturally decreases. The liquidation ranges in derivatives are becoming narrower, which is usually a precursor to a market decision.
How to operate? Don't be swayed by emotions into reckless moves. Focus on whether the price has been pushed down at the resistance level; this is your main reference signal. Avoid blindly chasing highs; patience is the best strategy. Wait until the trend becomes truly clear before taking action; the risk will be much lower.