🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
💰 Join the challenge — 5 lucky winners will share $50 in GT!
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
The Bitcoin market has recently shown a significant bullish trend, bringing exciting opportunities for investors. From a daily chart perspective, Bitcoin has successfully stabilized at the lower band of the Bollinger Bands and quickly regained lost ground with a strong bullish candlestick. This pattern not only confirms the stability of the short-term bottom but also signifies the end of the previous weak pattern, with bullish forces fully in control of the market direction.
The four-hour chart shows that after a rapid rebound in price reaching the upper band of the Bollinger Bands, the market has entered a mild technical correction phase. It is noteworthy that this pullback has been limited, with no significant selling pressure, reflecting stable market sentiment and sufficient confidence among bulls. In fact, this adjustment can be viewed as a healthy accumulation of strength during the upward process, with each pullback providing an opportunity for the market to consolidate its depth.
Currently, the market trend has clearly moved upwards, and this adjustment provides investors with an excellent opportunity to layout and increase their positions. For investors, it is crucial to remain calm and patient. Firmly holding onto a strategy and allowing profits to naturally grow with the upward trend will be a wise choice.
Overall, the Bitcoin market is at a critical turning point. Bullish signals are clear, and market sentiment is positive, which suggests that there may be stronger upward trends in the future. However, investors still need to operate cautiously, closely monitor market changes, and while seizing opportunities, also ensure proper risk management.