🍕 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
From the perspective of daily chart technical analysis, the current market is in a consolidation period. Yesterday's Candlestick closed as a small Bearish line, but the lower wick is relatively long, indicating strong support below. The Bollinger Bands are gradually flattening, suggesting that the market is entering a phase of adjustment and accumulation. It is worth noting that in the past three trading days, the Candlesticks have frequently shown long lower wicks, alternating between bullish and bearish Candlesticks, and each pullback low is consistently rising. This series of signals indicates that long positions have the upper hand in the Bull vs Bear Battle, making it difficult for short positions to establish a sustained downtrend, and the market has a strong ability to recover lost ground.
Observing the four-hour level, after a brief dip with two bearish lines, the price quickly rebounded, and the support level has clearly moved up, indicating that the buying power in the market has strengthened below. Overall, Bitcoin is likely to continue its oscillating upward trend in the future, seeking a breakthrough after sufficient consolidation. In the short term, it is expected that the price may first experience a slight pullback, followed by a buildup of upward momentum to challenge the upper resistance level.
The big coin is long at 102500 - 103000, targeting around 104500.
Ethereum can go long at 2550-2580, targeting around 2700.
#ETH突破2700美元#