Recently, risk appetite has clearly weakened, and this sentiment has directly ignited the precious metals market. Gold surged right after the market opened, with a strong momentum.
From a technical perspective, the bullish signals are very clear. The key range at the moment is around 4350-4360, which is a good entry point. If it can stabilize at this position, the upper target can be seen at 4375-4395. We'll just have to wait and see if there's a chance to break through the historical high. #BTC资金流动性 $BTC are closely watching this market movement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
SocialAnxietyStaker
· 9h ago
Gold is taking off again, this time it really feels different, the risk sentiment has definitely collapsed.
Can we hold the line at 4350? I'm feeling uncertain.
Can we break the historical high this time? Waiting for the answer.
What's the outlook on BTC? Will it follow the trend?
View OriginalReply0
PrivateKeyParanoia
· 9h ago
Gold has really overshadowed the crypto world this time, this is what you call "I'm done with it, I'm switching to gold".
View OriginalReply0
GateUser-afe07a92
· 9h ago
Gold is really fierce this time; as soon as the risk aversion sentiment came, it directly went To da moon.
The position of 4350 is indeed worth following, but we need to see if it can really hold above.
Breakthrough of the historical high? For now, let's first see if the technical aspect is supportive.
Will this wave of BTC and ETH's correlation also rise together? I'm a bit期待.
View OriginalReply0
BearHugger
· 9h ago
The gold surge is really strong this time; as soon as risk appetite weakens, safe-haven funds rush in, which is reasonable.
View OriginalReply0
PretendingToReadDocs
· 9h ago
Gold is going to da moon, it's really quite strong this time. 4350 is indeed a good position, let's see if it can hold.
View OriginalReply0
SmartContractPhobia
· 9h ago
Gold has risen this time, but I'm still a bit skeptical about whether it can hold the 4360 position.
I want to buy the dip on BTC but I'm afraid of being played for suckers, it really feels uncomfortable.
4375-4395? Let's talk about it then, after all, historical highs aren't just today.
When risk appetite weakens, it turns around and it's a new story, who can say for sure?
The key is still to watch ETH's mood.
Recently, risk appetite has clearly weakened, and this sentiment has directly ignited the precious metals market. Gold surged right after the market opened, with a strong momentum.
From a technical perspective, the bullish signals are very clear. The key range at the moment is around 4350-4360, which is a good entry point. If it can stabilize at this position, the upper target can be seen at 4375-4395. We'll just have to wait and see if there's a chance to break through the historical high. #BTC资金流动性 $BTC are closely watching this market movement.