Tap 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.
![Spring Festival merchandise](https://exampl
At midnight, Bitcoin hit its lowest point at 98100 before bouncing back, reaching the high point of 98580. However, the price did not stabilize here, but quickly retreated, and the market changes were unpredictable. Meanwhile, Ether bounced back from the high point of 3439 and reached a peak of 3487 before facing pressure.
Bitcoin has been traded within a wide range of fluctuations throughout the day. The intraday low point reached around 97500, followed by a rebound. Currently, the price has returned to the zone above 99000. The main focus in the future is the pressure at the 100,000 level. If there is another rebound and breakthrough in this area, the market could see a stronger upward momentum. In the short term, the Bitcoin market has entered a phase of repair and consolidation. Although there have been fluctuations of several thousand points during the day, it has not broken the current oscillating pattern. In the short term, although the trend is slightly under pressure and entering consolidation, overall, it still depends on the breakthrough situation at the 100,000 level. In terms of operation, it is recommended to focus on short positions.
Bitcoin: 99500-99200 can rebound, short-term target 96500
Ether Square: Rebound near 3500-3480, short-term target 3400
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