Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
Trade $MORE to unlock Listing Airdrops + $300K Points Prize Pool!
💰 Total Airdrop Volume: $30,000 MORE, Limited slots—first come, first served!
✅ Total Points: 2 Alpha Points per trade—accumulate points to share the $300K prize pool!
🔥Trade the Hottest On-Chain Assets First
For more information: https://www.gate.com/campaigns/1342alpha?pid=X&c=MemeBox&ch=vxDB0fQ5
Currently BTC has touched the first support level I provided in the daytime market analysis, starting to rebound, with an initial rebound target of 62750.
Next, a few trading ideas:
1: Wait for one hour to close above 62750. If the second pullback does not break the current low of 62200, wait for it to close above 62800 before entering a long position. Entry point: 62200.
2: If the hourly closing price fails to break above 62750, the long order is not considered. The rebound is weak. If it falls below 62200 again, it will continue to test the second target of 61473. As long as the daily candlestick at 8 a.m. tomorrow does not fall below 61473, the market still looks bullish. If the daily candlestick falls below 64173 at 8 a.m. tomorrow, the market will enter a range again, with a target of 60365 below.
3: If Long Wick Candle reaches around 60365 in the evening, you can enter a small leveraged long position with caution.
4: The conservative type is waiting for the four-hour closing to break through 63400. Waiting for the second pump in four hours,
5: If Long Wick Candle quickly moves up to around 61473 and stabilizes at 62750, you can have a Light Position.