📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Analyst Liang Qiu: 7.15 Bitcoin/Ether Kongdan successfully verified, continue to look at Kong for further increases.
Bitcoin/Ethereum's price surged yesterday after breaking the high point, and I repeatedly reminded to enter the market around 3040 to 3060, particularly emphasizing that even if it surged again, the space for being trapped wouldn't be too large. However, once it started to drop, the overall space would be much larger. As a result, many people ignored this and continued to chase the rise, only to panic when they got trapped during the subsequent drop. Bitcoin fell from yesterday's high point of around 123300 all the way down to near 116200 in the morning, a drop of over 7000 points, while Ether didn't have much volatility overall. In fact, I mentioned to everyone earlier that behind every major surge in price, there is a lag of one day for Ether, and the outlook remains unchanged.
The K-line pattern on the daily level shows that the recent price has formed a strong upward trend, followed by signs of a pullback at yesterday's high. On the 4-hour level, the K-line fell back after reaching a high and closed with a bearish candle. The current price has broken below 118000 and the 3000 level. In terms of technical indicators, both the 4-hour level DIF and DEA are running downward, with green bars expanding, indicating that short-term bears are dominant. The daily level is still in a bullish state, but momentum is weakening.
Trading suggestions: Buy Bitcoin near 117000 to 117500, target around 115000; Buy Ether near 2985 to 3000, target around 2920.
【The above analysis and strategies are for reference only, please bear the risks yourself. The article review and publication do not have timeliness, and the specifics are subject to real-time conditions】 #Gate 2025 Q2报告出炉# #Gate衍生品交易量新高# #CPI数据来袭#