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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 — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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$SUI SUI is cooling down after a rejection from higher levels and is now hovering near a short-term support zone. Momentum is weak, but selling pressure is also slowing.
Bullish scenario:
If price holds the current support and stabilizes, a short-term bounce toward the previous range is possible. On lower timeframes, oversold signals often allow a relief move.
Bearish scenario:
If support fails and price stays below it, downside pressure may continue. In that case, SUI could revisit the lower support area before buyers regain control.
This is a decision area.
Support hold = bounce chance.
Support loss = further downside.
Personal market view, not financial advice.