🎉 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#
Daily Market Analysis - BTC
From the microstructure of BTC, it has maintained a trend of contraction and oscillation. From the sideways state shown after continuous divergence on the hourly chart, the market has a strong bullish sentiment. BTC also broke through and reached a new high this morning. In addition to waiting for opportunities for long positions, more attention can be focused on the rebound of second-tier altcoins. If it is a spatial adjustment, refer to the support operation below; if it is a temporal adjustment, wait for the medium-term support of 4H and daily K to catch up, which correspond to around November 11 and November 17 respectively. The short-term support is 74932~74117, the second support is 73110~71588, and the medium-term resistance is 78987~80024.
Spot Analysis - ETH
ETH's pump this week is aimed at making up for the overall market, but we also need to objectively look at the existing gains in this area and the resistance above. Continuing to chase the market is not my trading style, and I will not trade just for the sake of trading. The ideal situation is to wait for further breakthroughs to build a Sideways structure at the 4-hour level, or to layout after a pullback, which can greatly increase the winning rate. short term support 2884~2840, medium term support 2755~2647, and the resistance range is 3309~3396.
Today, the Altcoin market has collectively exerted force on the TON series, which is also a popular public chain with its own traffic as TON's biggest characteristic. Previously, due to the founder's arrest, the TON series was hit hard. However, with the current change of personnel in the US government, the development of the encryption industry has a fertile soil, and the TON series is worth following, especially NOT, CATI, and DOGS! The performance of the SUI ecology is also good, but compared to the SOL ecology and TON, the sustainability of the SUI ecology still needs to be verified. Continue to follow the SOL ecology, especially RAY, JUP, JTO, BOME, WIF, and MOODENG! In addition, the ecology on the ETH chain may continue to rebound, with a focus on following LDO, SSV, CAKE, UNI, etc.