Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
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.
The top prize: 50 GT.
, 24H high/low: $2,397/$2,157
• Circulating Market Cap: approximately $296.2 billion, 24H trading volume: $713 million
• Key Levels: Support at $2,280, $2,160; Resistance at $2,400, $2,450
📉 Market Analysis
• Linkage Recovery: Slight rebound along with BTC, short-term oversold conditions show signs of correction, but macroeconomic and capital factors remain unchanged, making further upward movement difficult.
• Technical Perspective: Daily K-line remains in a downtrend channel, 4-hour moving averages are in a bearish alignment, and rebound momentum is weak.
• Capital Flow: Aftershocks from liquidation are still present, bullish confidence is weak, and the rebound is likely to be suppressed by bears.
🎯 Trading Recommendations
• Short-term: If resistance at $2,380-$2,400 is encountered, consider a light short position, with a stop-loss at $2,450 and a target of $2,280.
• Mid-term: Hold above $2,280 to attempt a small rebound; if broken, look for further decline to $2,160-$2,000, with quick entry and exit.
• Risks: High volatility, strict position control, set proper stop-losses, avoid chasing highs and blindly bottom-fishing.