Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
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.
The top prize: 50 GT.
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- Moving Averages: 50/200-day moving averages are in a bearish alignment, with the price significantly deviating from the averages, indicating strong bearish pressure.
- RSI: 25-28, deeply oversold, a weak rebound may occur but does not constitute a reversal.
- MACD: Daily chart: Bearish crossover downward, indicating ongoing bearish momentum.
- Volume: Decreasing trading volume, accompanied by a weak rebound, selling pressure has not been fully released, making short-term stabilization difficult.
⚙️ Trading Strategies (by type)
- Contract Strategy (Aggressive): Short in the $76,800-$77,000 range, with a stop-loss at $77,800, target prices at $75,500-$75,000, and position size controlled within 2% if it breaks below $72,000.
- Spot Strategy (Conservative): Mainly observe, gradually increase light positions around $75,000 (1-2%), and if $72,000 stabilizes, add another 1-2%, keeping total position within 3%, with stop-loss below $70,000.
- Mid-term Strategy (Positioning): If effectively broken below $72,000, the mid-term target is $70,000-$68,000, waiting for weekly volume to decrease and RSI divergence signals before positioning.