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
Today’s market overview for your reference.
**Bitcoin Trend**
Currently in a rebound phase; it’s important to view this rationally — this is not a bull market signal, don’t be blinded by short-term gains. On the daily chart, around 91,500 is an important resistance level. A successful breakout would next target 93,500.
The four-hour timeframe is more interesting. The price has reached the upper Bollinger Band, and the MACD is about to form a golden cross, but there are signs of a slight downward move. This position could be used to speculate on a roughly 1,000-point pullback.
**Ethereum Performance**
Missed the short entry at 150 last night; the price eventually dropped to 149, which is a bit disappointing. Later, a short was taken at 3,050, resulting in a 25-point loss.
The four-hour structure is consistent with Bitcoin, so I won’t go into detail. For those who entered long at 3,030 based on previous analysis, this wave should have yielded good results. The key now is to hold above 3,030 and see if it can reach the 140 region.
**ZEC Summary**
The short at 506 finally turned profitable, and closing the position was a safe move. This trade was held from last week until today, and it finally paid off.