🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
The current situation has reversed, rebounding after reaching a peak and breaking through the support level of 118500 down by 600 points. I wonder if everyone is taking the opposite position for shorting based on the market data; many players have noticed that the recent BTC uptrend is due to news about the U.S. retirement market opening up to Crypto Assets investment, but the reversal in the current market is due to only one bill passing in Congress. The current support level has pulled back to 115000, and the resistance level has returned to 118500.
Although the 5-day moving average is about to approach the 13-day moving average showing an upward trend, DFI has dropped below the DEA at 0:00, indicating that the downward trend is not yet over in the short term. Currently, the market is in a weak and volatile state, and it is advisable to observe future market changes.
Operation suggestions and risk control tips
It is recommended to consider light long positions near 117500, with a target of 118500. #BTC#