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
The recent market trend looks a bit volatile. My idea is to first explore how far the induced rally can go, then wait for a pullback to buy the dip. The current approach is to short at high levels and buy at low levels.
For $ETH, consider entering a short position around 3445, with a stop loss at 3480, leaving enough room for adjustment.
For BTC, enter a short around 98800, with a stop loss at 99200.
The low buy positions depend on how the US stock Nasdaq performs tonight; if the Nasdaq pushes higher this time, the low buy positions might get trapped. From a risk/reward perspective, I think the certainty of shorting at high levels is stronger right now, while the chances of low buying are relatively higher risk.