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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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🐳 BTC the response zone we expected. But the current candlestick close is still not very pretty, not overwhelming the Buy side.
👉 The reaction is quite harsh when H1-H4-D1 3 main timeframes are located at 62,600-62,800, which is why BTC go back there then pull back beard.
👉 For now BTC is still walking in trenline, still under our control.
👉 But close the candlestick like this, sometimes retest 64,900-65,300 first and then return to 61,000 ae.
This time the fund volume ETF spike too much, so if Short must also be careful, limit the volume too big. Refrain from stuffing a lot of order. Control risks as much as possible. The market always works differently the way we want it to. Don't let it fool you, so just discipline it for peace of mind