New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
### Market Analysis:
1. **BTC Market Overview**:
- **Trend**: BTC initiated a downward trend starting at 11:00, resembling previous patterns. The daily candlestick closed with a long upper shadow and turned green, immediately breaking through the lowest point of 96,300.
- **Support Level**: The 95,600 level has shown strong support, remaining unbroken for 5 consecutive days.
- **Volume**: With decreasing volume, the strength of both long and short positions is weakening. A significant directional move is expected once the current deadlock is broken.
- **Summary**: The short-term trend observed in the past two days has become less pronounced. A stable short position is advised, with small take-profit and stop-loss strategies.
2. **Trade Performance**:
- **First Order**: Achieved a profit of 18.6% in the morning, with some positions reaching 31 pips and others 16%. After taking profit, the price reached the day's high around 11:00.
- **Second Order**: No suitable opportunity for a second take-profit position has emerged yet. Monitoring the market after 22:00 is recommended. Updates will not be provided if the market exceeds 24:00.
3. **Historical Performance**:
- **October Profit**: 95.8%
- **November Profit**: 114.28%
- **December Profit**: 60.2%
- **January Profit**: 103%
- **Recent Trades**:
- **February 6th**: DOGE long at 255, stop loss at 250. Result: -1.9% ❌
- **February 7th**: AI16Z long at 31, take profit at 36. Result: 16.1% [强]
- **February 9th**: POPCAT long at 27, take profit at 32. Result: 18.6% [强]
### Key Takeaways:
- BTC is in a consolidation phase with strong support at 95,600. A breakout is expected soon.
- Short-term trading opportunities are limited, and cautious positioning is advised.
- Historical performance shows consistent profitability, but recent trades indicate mixed results.