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- 🎄 Gate Square · Christmas Warmth Creation Event
❄️ Winter is cold, but Gate Square is here to warm you up!
Post continuously on Gate Square for a chance to win heartwarming Christmas gift boxes + over 1000 USDT position voucher!
📅 Event Period: Nov 20 04:00 – Nov 27 16:00 UTC
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1. Post on Gate Square using the hashtags #Gate广场圣诞送温暖 or #GateChristmasGiveaway
2. Content can include market moods, Christmas wishes, investment insights, encouragement posts, lifestyle shares, memes, and more.
3. Participants must post for a - 🚀 Gate Square Event: #GateNewbieVillageEpisode7
👤 Featured Creator: @吉川富郎君
💬 The secret of top traders: one word — Patience.
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⏰ Event Time: Nov 19 10:00 – Nov 26 16:00 UTC
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— The more genuine and insightful your post, the higher your chance to win!
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Creator Graduation Bonus: 50 GT
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Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
#比特币波动性 11: The morning highlights for November 24th are here —
Over the weekend, Bitcoin climbed to around 88100 and then stopped, while Ethereum touched 2850 but lacked the strength to push higher, facing significant resistance at these high levels.
Let's talk about the technical aspects. On the four-hour chart, Bitcoin has been lingering between the middle and lower bands for the past few days, with the bullish strength being pitifully weak, unable to break the pressure of the middle band. This is a typical slow adjustment of time for space. Switching to the one-hour chart, the Bollinger Bands are narrowing, and the price is repeatedly bouncing between the bands, with each rebound being suppressed back by the upper band. Although the current price is still above the middle band, this rebound seems more like the bears are gathering strength, with a significant probability of a downward move in the future.
Focus on the key position 88500 - this is the lifeline for the bears. If it cannot be maintained, a change in strategy is needed; if it holds, the bearish outlook continues.
For operational reference: consider shorting Bitcoin in the range of 87500 to 88500, with targets at 85000 and 83000; similarly, for Ethereum, you can try shorting around 2850 to 2900, with target levels at 2700 and 2600. Control your risks, don't go all in.
$BTC
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