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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
Make your first post or come back post to share a $20,000 monthly prize pool!
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🚨 CRYPTO FLASH NEWS: BTC & ETH Volatility! 📉
The market is currently resetting! Bitcoin ($BTC) briefly dipped below the $86,000 mark after facing rejection from interim highs, signaling a period of caution. Ethereum ($ETH) is also consolidating, trading near the $3,000-$3,100 zone as it looks for a clear direction. The overall market sentiment is in "Fear" as heavy liquidations shook out overleveraged traders.
Meanwhile, Gate.io is monitoring the situation closely. We are seeing major whale activity, including a significant withdrawal of ETH from the exchange, indicating large holders are adjusting their positions. 🐳
What does this mean? Capital is defensive. Traders are advised to manage risk, avoid high leverage, and watch for stability above key support levels. The consolidation could set the stage for the next major breakout—will $BTC hit $100K or $ETH surge past $4K first? 🤔
Trade smart, stay safe! Tap into our Copy Trading system to learn from the pros! 📈
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