🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
BTC.ETH high-level consolidation situation: →♥
BTC Based on the trend on the right side, further adjustments are made to provide reference for the four-hour high support. Theoretically, this means that the correction chart is approaching the tip area. If it goes down further, there is only position two to refer to. Breaking it means that a major cycle adjustment has begun. Previously, it was pointed out that a small structural support on the chart would be deeper, but the overall high-level pullback structure has not been broken, meaning that it is still possible to see a rebound higher. Therefore, in terms of operation, if you have a long position, you can consider taking partial profits in advance at the rebound pressure level. The rebound pressure level can also continue to try short positions, specifically referring to the small structural rebound pressure area given by the chart to try or add positions.
Attached is the ETH four-hour support chart for reference. Currently, it has rebounded after reaching a support level. My order at 1780 is off by 0.05 points. If it continues to pull back, you can also refer to the tip and the small level two.
Note: There are four charts, some showing BTC and ETH long positions as support, and others showing BTC and ETH short positions. Please pay attention to the distinction.
BTC Based on the right-side trend, it is adjusted slightly to provide reference for the four-hour high support. Theoretically, this means it has reached the correction chart close to the long wick candle area. If it goes down further, only position two can be referenced. Breaking this means that the large cycle pullback has begun. Previously, it was pointed out that a small structural support on the chart would be deeper, but the overall high-level pullback structure has not been broken, which means it can still be viewed for a continued rebound. Therefore, in terms of trading strategy, if there are long orders still held, it can be considered to take profit in batches at the rebound resistance level. The rebound resistance level can also continue to attempt short orders, specifically referring to the small structural rebound pressure area on the chart for attempts or to increase the position.
Additionally, ETH's four-hour support chart is provided for reference. Currently rebounding after hitting position one support. I set a limit at 1780, missing it by 0.05 points. If it continues to pull back, it can still refer to the long wick candle and position two for small adjustments.
Note: Four charts are available, including support for BTC and ETH long orders, as well as BTC and ETH short orders. Please distinguish carefully.