💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
Morning market analysis.
Yesterday's 5-minute pace of Ethereum was a long position of class II buying. The probability of winning Ethereum for class II buying is good, and the probability of 5 minutes is relatively stable and high.
Today, in general, the Ethereum is still in a one-hour oscillation range. The rhythm of the oscillation is to go short at high and long at low. The orders given by the brothers yesterday resulted in one win and one loss, with a total profit of 35 points. In fact, there was a profit of more than 40 points in the short order, but the stop loss was hit. However, it doesn't matter. It's good to earn a little every day. Contentment brings happiness. Today, Ethereum is still oscillating.
resistance level2904ETH.
BTC is also in a fluctuating market, support position 59040
Market outlook, see you in the live broadcast room at 11 o'clock, brothers.