🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
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📖 Day 1 · Quiz (Single Choic
[Market Analysis]
From the one-hour level, BTC is still in a technical correction phase, with an overall weak trend. However, the key support level of 111550 shows strong defensive capabilities, having not formed an effective breakdown despite multiple attempts to dip below it. This position can serve as a short-term dividing line for bulls and bears, and its support effectiveness needs to be closely monitored. If a volume breakdown signal appears, one may follow up with short positions; currently, it is still recommended to focus on buying the dips.
[Operation Suggestions]
Long position range: 111000-111400 (build positions in batches)
Target take profit level: 113000
Risk control suggestion: decisively stop loss if it effectively breaks below 110800
[Core Logic]
The current price is at a key support zone, and repeated tests without a break indicate that bulls are still gaining momentum. It is recommended to gradually build long positions based on this support zone to take advantage of a rebound, with strict risk control as a priority. #非农就业数据来袭#