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
1-24 Saturday BTC Market Analysis
Yesterday's strategy was perfectly executed during the day. In the evening, the price surged to the target level of around 91195, then faced resistance and pulled back, with a retracement of nearly 2000 points. The overall rhythm closely aligned with expectations, once again confirming the operational logic of the current cycle structure.
In the short term, after continuous upward movement, momentum has significantly weakened. The validity of the upper resistance zone has been further confirmed, and it is expected that it will be difficult to break through effectively in the near future. Weekend market activity usually tends to be quiet, and the trend is likely to be dominated by oscillation and consolidation. It is recommended to grasp the wave rhythm while managing your mindset.
In terms of operations, Lao Guo still maintains the idea of "shorting on rebounds at high points," focusing on short-term trades. Capture a 300–500 point range to gradually take profits, and avoid over-committing.
BTC Trading Suggestions
- When rebounding to the 90000–90500 range, consider gradually shorting
- Target levels focus on the 88500–89000 zone