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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
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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.
. Technical indicators show a bullish engulfing pattern and short-term moving averages trending upward, forming a resonance that indicates bulls are attempting to gain momentum. However, trading volume has significantly decreased, and the divergence between volume and price suggests insufficient upward momentum, making a breakout above resistance unlikely in the short term. Given the market is in a range-bound state and 70085.3( is a strong support level, historical performance indicates strong buying support in this area. Therefore, buying on dips near the support level is a prudent strategy aligned with current market characteristics. Going forward, the main trading approach should be to buy on dips, with light positions around 70000-70500 for Bitcoin, targeting 72000-72500; and around 2080-2100 for Ethereum, targeting 2150-2200.