Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#MSCI未来或纳入数字资产财库企业 January 20 Morning Technical Observation
Looking at the 1-hour K-line, the Bollinger Bands are still trending downward, and Bitcoin is oscillating near the lower band, which is not very meaningful. All moving averages are in a bearish alignment, and various indicators are also showing a bearish stance. The momentum on the bullish side is weakening increasingly; even if there are occasional rebounds in the morning, they cannot change the current weak situation.
From the market perspective, a rebound is a selling point. You can short in the range of 94800 to 93800, with support levels at 92800, 91800, and 90800. $BTC's recent movement has offered little opportunity for the bulls.