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
Trading is all about the word "trend-following." Following the trend means achieving twice the result with half the effort; going against the trend is just inviting humiliation.
This afternoon's market provided us with a clear turning point opportunity. At the 90500 level for Bitcoin, we decisively set up a short position, targeting 89000. As expected, the market did not disappoint, and the price started to move down slowly, now approaching around 89700. This rhythm feels quite comfortable to follow.
Honestly, every time there's a clear technical trading opportunity like this, it's all about sensitivity to market signals. The price movement perfectly matches our analysis, with not a single deviation.
Tonight, we'll continue with this approach. If the market rebounds later, it will be a good opportunity for us to establish new short positions. The current downtrend has far from ended.