🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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From the perspective of the daily chart, if Ethereum continues to retrace after this surge to the high point, it is likely to form a top divergence trend.
This morning, after the weekly close, the price has been declining all the way and is about to break through the 4300 level. On the four-hour chart, as described yesterday, if the price is under pressure around the middle band, then a downtrend still exists. On the one-hour chart, the trend shows another formation of a breakout. Overall, in terms of volume and price performance, the price has not yet reached a bottom. The intraday rhythm continues to maintain a bearish outlook!
Ether 4332 short, looking down at 4132, defend 45 points #BTC #ETH #Gate July Transparency Report #Fed Ends Novel Activities Supervision #BTC ETFs Top $153B in Holdings