Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Wednesday Market Observation: The BTC daily bullish pattern remains intact, but in the short term, it is in a dilemma of oscillation between upper and lower levels. It is necessary to wait for a clear direction before making decisions.
Let's look at opportunities across different timeframes:
Short-term (1-4 hour chart): Consider range trading. The 94500-95000 zone can be tested with light short positions, targeting around 93500-93000; on the other hand, the lower levels at 91500-90800 are good entry points for long positions, with profits aimed near 93000.
Daily perspective: For those already holding long positions, the key support level is at 90000. If it breaks below this, consider reducing positions; traders who haven't entered yet can continue to observe and wait for BTC to break above 95000 before entering long positions for safer gains.
The key is to maintain discipline and risk awareness, avoid being scared out by market volatility, and not chase highs blindly. Control your trading rhythm, find high-probability opportunities amid oscillations, and this is how you can survive long-term in the market.