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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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![Spring Festival merchandise](https://exampl
BTC ETH Intraday Double V Reversal
In the morning, BTC and ETH showed strong volume-driven upward movement, with BTC breaking through 92,500 and ETH surpassing 3,170. However, the momentum did not continue, and subsequently BTC retraced to the 90,000 level, while ETH fell back to the 3,090 mark.
Before the US stock market opened in the evening, ETH dipped sharply, and BTC and ETH rose again. However, after reaching resistance levels, they both declined again.
This reflects that the current market is mainly consolidating and clearing leverage through oscillations, still waiting for a clear direction. We need to wait for upcoming CPI and PPI data, as well as recent speeches from multiple Federal Reserve voting members, before the market can finally determine its direction.
#Gate广场创作者新春激励 #BTC #ETH #行情分析
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