Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
$GRIFFAIN Based on a thorough examination of the current chart patterns and open interest dynamics, it appears that while the asset's upward trajectory holds substantial momentum in the near term, a corrective pullback remains highly probable at some stage, even if the broader rally persists. From a technical standpoint, the candlestick formations reveal escalating bullish pressure with higher highs and accelerating volume, suggesting sustained buying interest that could propel prices further in the short-to-medium term. However, the open interest data underscores a critical divergence: surging levels indicate increased leverage among long positions, which often precedes profit-taking or forced liquidations in overextended markets, potentially triggering a 10-20% retracement to test key support zones like the 50-day moving average or recent swing lows