Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Good evening, restless late at night, a brief discussion on the future market!
Earlier today, I mentioned that 94500 is an important resistance level on the daily chart, including our evening update target at 945. Currently, this level is within reach. If we break through and stabilize above it, there is a very high probability of rushing towards 96800 or even 98800.
At present, Bitcoin is repeatedly testing the 944 level. The possible scenarios for the subsequent path are:
1. (Strong bullish): After a successful breakout, the first target directly points to around 96800. If it can quickly pass through, then the mid-term target of 98800 or even the 100,000 mark will become the focus!
2. (Oscillating upward): The breakout may not be immediate, but instead, a new consolidation zone will form between 94500 and 96000, digesting profit-taking before choosing to move higher.
3. (False breakout): Caution is needed if multiple attempts to push above 94500 fail to hold, and each high point gradually decreases, accompanied by shrinking volume, which may form a "bull trap," causing the market to fall back and test the support zone at 92000-93000.