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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?
ShTap to Trade in Gate Square, Win up to 50 GT & Merch!
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.
Overview & Use Case
Ethereum powers DeFi, NFTs, RWAs, and L2s — the smart-contract settlement layer.
Current Price: ~$2,083
Trend: Bearish short-term, range-bound macro
🔍 Technical Analysis
Support:
$2,070
$2,000 (major psychological)
Resistance:
$2,170
$2,250
Indicators
RSI: Near oversold
MACD: Negative momentum
MA: Price below 50/100 EMA
Pattern:
📉 Lower highs, weak bounce attempts
🎯 Trading Plan
Entry: $2,050 – $2,080
Targets:
TP1: $2,150
TP2: $2,240
Stop Loss: $1,980
Risk–Reward: ~1:2
Outlook
Short-term: Volatile consolidation
Long-term: Strong if ETH holds $1,900+
#BuyTheDipOrWaitNow? #ADPJobsMissEstimates #BitMineAcquires20,000ETH #CryptoMarketWatch
$ETH