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
BTC showed textbook-level bottoming characteristics in the early hours of January 8th. From a technical perspective, the bearish momentum has significantly weakened, and on the four-hour chart, the price found strong support at the lower band of the Bollinger Bands. The downward candlestick pattern has completely lost its continuity. The downtrend has not effectively broken through the previous lows, with multiple retests confirming the firmness of the support level. The rebound phase has entered a critical point.
Based on the current confirmation signals of the bottom, the next strategic approach is very clear—actively position at key support levels.
**BTC Trading Plan**
When the price retraces to the 90700-90000 range, gradually and incrementally enter long positions. The short-term target is 92300, with a further aim at the key resistance level of 94000.
**ETH Trading Plan**
Choose an appropriate time to go long within the 3130-3080 range, initially expecting resistance around 3200, with the potential to continue upward toward 3300.
The market bottom characteristics are now clear; the key is execution strength and timing.