🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
Market outlook, project thoughts, research takeaways, user experience — all count.
📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
Winners must complete Gate Square identity verification
Gat
#Hot 12.1 Morning
Bitcoin is currently around the 91169 level, recently showing a spike and then a pullback. The price faced resistance near 91934.4 and subsequently retraced. This spike and pullback candlestick is a "inverted hammer" or "shooting star" pattern, indicating strong selling pressure above; the subsequent few candlesticks show a consolidation phase, with both bulls and bears temporarily in a state of equilibrium.
The Bollinger Bands indicator shows that it is operating near the middle band, which provides certain support to the price.
The J value in the KDJ indicator is at a low level, with the possibility of a rebound, but overall it is still in a weak zone.
The MACD indicator shows that the two lines are forming a death cross and diverging downwards above the zero axis, and the MACD bars are green, indicating that short-term bearish strength still dominates.
In the short term, Bitcoin is in a phase of consolidation and adjustment, with resistance around 91800 and support around 90700.
If the price can effectively break through the 91800 level, it may further test the previous high; if it falls below the 90700 area, it may seek support around 90000.
It is suggested that the big coin rebounds to around the positions of 91633--92532 in the short term, and a small position can be taken. The target can be aimed at the positions around 90100--89356.
Ethereum's short-term suggestion is to rebound to around the 3050--3085 range, and you can take a small position, targeting around the 2975--2935 range.
The above is only a personal suggestion and for reference only. Please refer to the layout of Haoyu Shipan for specifics $BTC $ETH