Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#ETH走势分析 Recently I went through BTC’s monthly-level pullback data from the past few years and noticed something interesting.
Look, in a bull market, a healthy pullback is usually around 30-40%. If it really turns into a bear market, it has to drop more than 50% to count. What about now? The deepest pullback so far has been 36%, which is not too much or too little—right at that subtle spot.
The time dimension is even more interesting—pullbacks of this magnitude used to take about three months to play out, but now we’re only halfway through. So, I judge that for the next month or so, we’ll likely continue to oscillate at the bottom, with the range repeatedly tugging between 75,000 and 88,000. The December rate cut window is quite key: if it happens, we’ll break upward; if there’s no movement, we might see another dip below 80,000.
To be honest, a single December rate cut doesn’t determine the big trend at all. Rate cuts are going to keep happening sooner or later, and next year’s moves will only be stronger than this year, with even more intense market reactions. That previous high at 126,000? I don’t think that’s the end at all—whether it’s as soon as Q1 or as late as Q2, there should be another decent rally.
Even taking a step back, even if we really enter a bear market cycle, history shows that after three straight months of declines, there’s usually a rebound, right? That kind of opportunity shouldn’t be missed. $BTC $ETH $BNB