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
Looking at Bitcoin's daily K-line performance, three consecutive bullish candles have broken through upward, effectively surpassing the 90,000 mark and the 30-day moving average. From a trend perspective, there are signs of further strengthening. However, on the other hand, there is still the 60-day moving average pressing down above, and the MACD indicator has not yet fully crossed the zero line, so in the short term, we should focus on the 92,000 resistance level—that's where the 60-day moving average is located.
It is recommended not to greedily chase the rally up there. It’s easy for prices to spike and then fall back, which could lead to being trapped. If you want to catch the bottom, a more prudent approach is to wait for a pullback to around 88,000 or even lower, then build positions gradually. Although this approach is slower, it offers better risk control.