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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 — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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$B3
The long liquidation around $0.00062 reflects a sharp downside sweep that flushed overleveraged buyers and reset short-term positioning. Price is now stabilizing near a strong demand pocket around $0.00059 where buyers have previously stepped in aggressively. Holding above this zone keeps rebound scenarios active with immediate resistance near $0.00066. A clean breakout above $0.00066 could open the path toward the next upside target around $0.00072 where selling pressure earlier increased. Selling momentum appears to be fading after the liquidation event, often signaling a potential short-term bottom. However, a breakdown below $0.00059 could trigger another liquidity grab toward $0.00055 before stronger demand returns. Overall structure leans toward corrective recovery after leverage reset. $B3