🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Analysis: Currently, BTC long positions and short positions have not fully grasped the situation, and the key threshold to reverse market sentiment is 90,000 USD.
Golden Finance reports that after several days of consolidation, neither long positions nor short positions have fully taken control of the situation, with Bitcoin currently fluctuating between $83,000 and $86,000. This indecision reflects the general uncertainty present in global financial markets. Although the support level of $83,000 has been maintained, Bitcoin bulls have still not been able to reclaim the key moving average line that signals a new round of momentum. If this price level cannot be held, it may trigger a new round of dumping; if short positions regain control, it could push Bitcoin down to $80,000 (or even lower). $90,000 remains a critical threshold that Bitcoin bulls must reclaim to reverse market sentiment, while the $81,000 area is the recent key bottom.