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
"January 27th Trading Strategy"
Ethereum uses 2900 as the dividing line between bullish and bearish. Below 2900, we attempt to go long.
If Ethereum is around 2900, Bitcoin will inevitably be around 88000. If Bitcoin breaks below 88000, it will move towards 87000, and Ethereum will drop below 2900, roughly around 2880.
A strong resistance level for Ethereum is 2950. If Ethereum breaks 2920, it will directly test the 2980-2999 range, which is around the 3000 mark.
Therefore, our trading strategy revolves around 2900 and 2950.
Normally, we open long positions around 2880.
Open a short position above 2950 without breaking the pin, and another short around 2999. This is a relatively safe trading plan.
Positions in the middle are ultra-short-term trades, both long and short. Specific levels will be announced in the live broadcast room.
Also, a reminder: the crypto market carries risks. Entering the market requires caution. Risks are borne by oneself, profits and losses are personal. Trade rationally.