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
$ETH
🔎 General Evaluation:
- Currently, ETHUSDT price is at 3118, with the main trend on the 1-hour timeframe being bearish, as seen from the downward pressure following a sharp decline from the upper area.
- The last high swing is at 3251 and the last low swing is at 3043, with the equilibrium level around 3147.
- Several key indicators give mixed signals: MACD, DMI, MFI, Fisher, and ADX tend to be bullish, but Stochastic, Momentum, RSI, and PSAR are still bearish. This indicates potential for a retracement upward, but the risk of rejection remains high.
📈 Important Levels:
- 3145 – The nearest resistance area, also serving as the upper boundary of the bearish FVG zone. Watch for price reactions here, as it could become a distribution area for sellers.
- 3273 – The next strong resistance, located within the supply zone and also part of the last high swing.
- 3447 – Strong resistance above, likely only achievable if a major reversal occurs.
- 3086 and 3069 – Minor support, where buyer reactions typically start to emerge.
- 3043 – Main support, as well as the last low swing. If the price breaks down below this, it could lead to a deeper decline.
- 3147 – The balance level. Usually an area of tug-of-war between buyers and sellers; be cautious of potential false breakouts around this area.