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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 — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
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$RIVER The price has dropped so much after the Perhaya 88 and Manipulation to 79 that it fell by 50% and possibly even more. Currently, I see that the sentiment supports 67% Longs and 33% Shorts, but then why are Shorts so heavily traded? It's simple: they are trying to bring the price back to 45 and possibly attempt to hold 50 again, but whether they succeed - I can't say for sure! Currently, 67% Longs, but after dropping to 45, it will decrease, and if the price drops to 40-37, the Longs will strengthen their position. Therefore, now is the best time to accumulate Longs at 45-50, and then the price will fall back to the range of 30-39! I think the price will stop closer to 25-10, with strong resistance and long fluctuations until we decide on a new Perhaya!