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
2025.05.07
Today's strategy BTC:
Short at 102400, stop loss at 103000, first take profit at 91700, second take profit at 86500-83000 (reduce position to break even after reaching the first take profit level)
Short at 97270, stop loss at 97900, first take profit at 92200, second take profit at 86500-83000 (reduce position at first take profit to secure capital preservation)
Pay close attention to whether the strong resistance at 97270 is effectively broken. If it breaks strongly, still looking at 98600-102600.
The interest rate decision at 2 AM is likely to make a 4-hour peak without breaking the previous high of 97900.
If this top structure is formed, the market will reverse and accelerate downward to test 83000-86500. Pay special attention to the key pressure tests of the market and whether there are any top signals on the 15-minute candlestick chart. Today is crucial to see if we can profit, waiting for Powell's speech at 2:30 AM. The market may have some lag and may delay until 4 AM to trend in one direction.