🗒 Gate.io Suggested Topics Posting Event: #Ethereum Pectra Upgrade#
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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)
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Morning Analysis:
The big pancake broke through the high point as expected yesterday, but did not continue to rise, which also reflects the demand for a pullback. Today is Saturday, so there is likely not much market activity. The big pancake can short in the 97000-97500 range, with a stop loss at 97896 and a take profit below 96000. Other cryptocurrencies mainly follow the big pancake. Yesterday's surge in the big pancake did not show a strong upward trend in Ethereum, Solana, etc., indicating that large funds are in this area, and the sentiment for going long is not that high. Wishing everyone a happy holiday! Successful trading! #BTC# #ETH# #sol#