📢 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
Ethereum is in a rebound rhythm, and I personally do not recommend shorting at this time, as I have not yet seen a clear signal of a trend reversal in the fall.
1. Although Ether has temporarily left the upward channel, it is more likely due to insufficient liquidity over the weekend. The 3680-3720 range has strong support; this is an important pressure conversion point in the upward wave and a previous area of concentrated positions. As long as it does not effectively fall below this level, the outlook remains bullish.
2. Yuzu Coin has seen funds flowing in from other cryptocurrencies this week, performing relatively well. It is currently in a rectangular consolidation pattern, with the lower boundary tested multiple times last night without breaking down, and it has now initiated a rebound.
3. YouToken can consider opening a long position at the lower boundary of the rectangle, shorting if it falls below for a breakout, and attempting to short at the upper boundary, going long if it breaks above.
4. It is recommended to open long positions in the support range of 3680-3730 for Ether, and short positions can be attempted at the lower boundary of the ascending channel. If it breaks below the lower boundary and then returns to the channel, the target will be the upper boundary of the ascending channel.