🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
#GrowthPoints#
Track real-time hot topics in the crypto world and seize the best trading opportunities. Today is Sunday, April 20, 2025. I am Wang Yibo! Good evening, crypto friends ☀ hardcore fan daily attendance 👍 Like to make big money 🍗🍗🌹🌹
==================================
💎
💎
==================================
In the coming weeks, the global economy and politics may undergo new changes due to the expected actions of Trump, which is worth paying attention to! In the global economic and political landscape, the Trump factor is quietly becoming a key variable, and the situation in the coming weeks is particularly noteworthy. The trade protectionism policies implemented after Trump took office, such as imposing new tariffs on most imported goods, may trigger a global trade war, significantly increasing economic uncertainty and putting downward pressure on global economic growth. On the political level, his unconventional style of breaking existing international order through actions like "withdrawing from groups" has intensified instability among allies, making the international geopolitical situation more complicated. For the financial markets, investor risk aversion is rising, with funds flowing into safe-haven assets like gold. Against this backdrop, the cryptocurrency market, including Ethereum, is also likely to be affected, with price fluctuations potentially becoming more severe due to new changes in the global economy and politics, leaving future trends full of uncertainty.
==================================
💎
💎
==================================
Bitcoin fell all the way back from near the end of the morning session to yesterday's rally. Basically, it's going back and forth in this range. In terms of overall structure, the current monthly line is still shown in the form of a doji K, the high point of the upper shadow line is 88500 line, and the lower shadow line is obviously longer, the callback pattern is not over, then the end of the month will still show a condensation pattern, the general direction is still dominated by high altitude, on the weekly line, the price comparison after two rounds of upward probing to 88500 after the formation of a fall, the bullish trend still has not formed an extension, and the bearish trend also needs to slow down, the K line has always maintained the lower Bollinger band operation, further determined the pressure of this range, In the short term, it will still come out of a certain shock correction, and once again accumulate strength to break the box structure, but it is an hourly level, all the way down, the trend fell from above the middle track to the lower track, at present, the momentum is OK, and the trend also has signs of divergence. Bitcoin's 4-hour chart is under pressure at 85,500, and it has not broken through the three attacks this week, and it has fallen below the middle band to the lower band during the day. At present, it is approaching the low point of the 83,000 mark, and the short-term unilateral momentum is insufficient.
==================================
💎
💎
==================================
Ethereum has shown a明显的走弱态势 in the linked market. Since Friday, it has started a small rhythm of震荡向上行情. From a technical indicator perspective, during this震荡上行过程中, although the MACD bullish momentum bars have increased, the growth rate is relatively limited, indicating insufficient bullish strength. At the same time, the KDJ indicator is hovering near the overbought area, failing to form a strong upward divergence, which also confirms the lack of sufficient upward momentum for the bulls. In terms of price movement, Ethereum faced strong resistance at the highest test level of 1636, subsequently coming under pressure and moving downward. From the K-line pattern analysis, a K-line with a long upper shadow formed near 1636, which is a typical signal of heavy selling pressure above. The bearish strength has suddenly intensified during the day, initiating an accelerated downward mode. As of now, the price has fallen to the 1570 level. Currently, it is crucial to pay attention to the support level at 1550 in the four-hour channel. This support level holds significant importance in technical analysis, as it is near the key trendline at the four-hour level. If this support level is effectively broken, according to Dow's theory and trend continuation principles, the price is likely to test previous lows. If the price falls below 1550, the bearish trend will be further strengthened, market panic may spread, and selling pressure from investors will increase, thus pushing the price towards previous lows. #WCTC S7 报名开启# #Gate.io 12周年# #创作者激励计划,发帖瓜分$2,000#