🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Today is the 322nd day of me posting updates, without a single day missed. Each post is not done half-heartedly, but is prepared with care.
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The cryptocurrency market showed a divergent trend today, with BTC price failing to hold above the key resistance level of 95,000, indicating short-term adjustment pressure. Technical analysis shows that if it falls below the support level of 93,000, it may drop to 89,000 USD; conversely, if it breaks above 95,500 USD, it is likely to challenge the psychological level of 100,000. Institutional funds continue to flow in, with nearly 1 billion USD net inflow into Bitcoin ETFs in a single day, indicating that long-term confidence remains strong.
ETH price at 1,819, maintaining a range of 1,800-1,850 with fluctuations. However, the MACD momentum is weakening, lacking breakout power in the short term. ETF inflows are stable, with BlackRock's Ethereum ETF adding 20.1 million in a single day, and the long-term fundamentals remain positive. Market sentiment is neutral to optimistic; however, the high leverage warns of the risk of a pullback. It is recommended that investors follow the key support levels of 93,000 (BTC) and 1,800 USD (ETH), and consider buying on dips or waiting for a breakout confirmation.
Strategy suggestion: Short-term traders can follow the BTC 95,000 resistance and ETH 1,850 USD breakout situation; medium to long-term investors can accumulate positions in batches during pullbacks, while being alert to macro events such as the Federal Reserve's interest rate decision on May 7.