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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
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11.5 Afternoon ETH Analysis
The daily trend of ETH is in sync with Bitcoin, showing a "sharp rise followed by a pullback + wide fluctuations" pattern. During the pullback, trading volume did not significantly increase, indicating weak consolidation after a sharp decline.
The technical aspect is also in a weak structure of "failed to rally and broke below the mid-line," but the previous support from the earlier fluctuation low points below excludes the possibility of a one-sided decline.
Avoid blindly bottom fishing and over-speculating. It is recommended to "sell high and buy low + quick in and out". If the subsequent rebound is accompanied by volume, pay attention to the continuation of the trend; if it rises with reduced volume, maintain a fluctuation mindset.
ETH: Layout around 3220-3260, first look at 3068-3100. #当前行情抄底还是观望？