🗒 Gate.io Suggested Topics Posting Event: #Ethereum Pectra Upgrade#
✍️ Please include the topic #Ethereum Pectra Upgrade# in your post
💰 5 quality posters * each receive $10 Points
The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
⚠️ Notes: Plagiarism is prohibited; original content is encouraged.
#btc is struggling at the resistance in the 95000-96338 zone. As it approaches the resistance, there is selling pressure. If it cannot break through, it may test the Pink box.
We will follow the possibilities below;
1- If the pink box zone does not close below the box during the pullback towards the 91652-90479 zone, this is a test of the breakdown. Reversal in lower time frames on the box.
2- If the pullback dips a little further down, it will be considered a retest of the broken trend as long as the daily close is not below the 83050 level. Potential support zones are: 86424, 83050-81663 zone. We will also look for a reversal confirmation at the supports.
If the daily closing is above 95000, the likelihood of the uptrend continuing increases.