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
Under the backdrop of the US core CPI falling below expectations, the crypto market is once again presenting volatility opportunities. Taking BDXN as an example, this wave of decline was quite sharp—there was no excessive rebound, and it directly moved lower, bringing good profits to traders who had already positioned for short positions. The key is timing. Some people indeed caught the right entry points and smoothly followed the short trend, but others missed this opportunity due to hesitation.
The market has never lacked opportunities; what it lacks is decisiveness in decision-making and accurate judgment of the trend. Similar to the movement of BDXN, it often shows clear directional characteristics before and after macroeconomic data releases. If you are still contemplating whether to intervene, it’s better to observe the performance of support and resistance levels first, rather than blindly chasing highs or lows. The next step in trading depends on the subsequent reactions of trading volume and market sentiment.