📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
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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
Recently, the Crypto Assets market has seen a significant pullback, with the four-hour chart showing that the price has fallen below the middle band support line, temporarily hindering the previous rise trend. The current market structure has changed, and further downward pressure may be faced in the short term.
However, market trends are not static. Investors should closely monitor potential reversal signals. If prices can break upward again, there is still room for rise in the future market. At the same time, considering the weekend closure of the US stock market, the Crypto Assets market may return to a phase of consolidation in the short term.
For Bitcoin, it is recommended to pay attention to whether the key resistance level around $109,000 can be broken. For Ethereum, the support and breakout situation around $3,600 needs to be observed. Given the current market environment, investors can adopt a cautious strategy, with short-term pullbacks as the main operating idea.
However, the market is volatile, and if there is a strong rise, flexibly adjusting strategies to follow the trend is also a wise choice. In this uncertain market, it is crucial to stay vigilant, strictly control risks, and be prepared to respond to market changes at any time.