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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
February 5 Morning Market Analysis
The weak market trend continued in the early trading session. After the price broke below the key moving averages yesterday, the bears dominated the market and continued to push lower. All technical indicators are showing weakness, and trading volume has increased during the decline phase, with selling pressure continuously releasing; if the price cannot strongly recover the 2200 level in the short term, the downward trend will further continue, and the price will keep testing lower support levels.
Bitcoin
Resistance Range: 73,500-74,200
Downward Testing Target: 72,200-71,000
Ethereum
Resistance Range: 2,165-2,190
Downward Testing Target: 2,120-2,075#Cryptocurrency Market Overnight V-Shaped Fluctuation