💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Midnight tonight is the dividing point.
Do not hold any illusions whether going long or short. Tonight's live broadcast summary: the short has given a resistance level. If it continues to drop to 1585-1591 on the 4-hour chart, it won't go up. The hourly uptrend has been broken, so don't look too much for bullishness; Ethereum might need to drop to adjust liquidity before continuing to rise. The daily gap above Ethereum still exists.
I still have a bearish outlook.
1540 -1518-1505-1475 to what kind of position to do what kind of thing, small stop loss is not taking chances, a big stop loss of 100-200 points is enough, Ethereum 3-7 points stop loss.
I prefer to enter long positions for Bitcoin at 82800-81800. That's all for now, sweet dreams, brothers #WCTC S7 报名开启# #Gate.io 12周年# #创作者激励计划，发帖瓜分$2,000# .