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
#美国消费者物价指数发布在即 Let's review Bitcoin's recent performance — starting from the 89,500 level, the market has shown quite a strong short squeeze characteristic. From a technical perspective, after stabilizing around 92,000, the trend clearly reversed upward, and the overall price movement has become very clear.
The recent trend is interesting. $BTC once surged to around 96,800, with a nearly 7,600-point increase from the low to the high. If you exited at 94,500 early on, you would have already captured a 4,500-point profit. Traders who kept up with the rhythm during this move indeed made quite a bit.
From a technical standpoint, the current key support is around 92,000. As long as this level holds, the bearish pressure will continue to ease. In the short term, market risk appetite remains relatively strong — which also explains why Bitcoin can confidently break upward. Whether this momentum can continue depends on macro data and market sentiment.