🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
#BTC & ETH Market Analysis#
Ethereum (ETH/USD) 4-hour chart
The overall trend appears bearish, as indicated by the consistent downward movement of price candles.
Break of Structure (BOS) suggests further bearish continuation.
The price is currently trading near a swing low, meaning there could be potential liquidity grabs before a reversal or continuation.
Key Levels:
Resistance (Swing Highs & FVG Zones): Around $1,920 - $2,040.
Support (Swing Lows & Next Liquidity): Around $1,760 - $1,720.
Take Profit (TP) & Stop Loss (SL) Suggestions:
If shorting (Sell Position):
Entry: Around $1,820-$1,830 (if price retests resistance).
TP1: $1,760
TP2: $1,720
SL: $1,880 (above bearish FVG).
If buying (Long Position for retracement):
Entry: Near $1,780-$1,760 (liquidity zone).
TP1: $1,840
TP2: $1,900
SL: $1,720 (below major support