Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Bitcoin and Ethereum both experienced two rallies yesterday before pulling back. Currently, they are gathering strength in a bullish trend. BTC is repeatedly consolidating in the 94,000-95,000 range, and the overall space looks promising. Ethereum's performance is similar—steady and robust, but there is a clear sense of accumulated correction pressure.
From a technical perspective, some details are worth noting. The daily MACD is still expanding, indicating that medium-term momentum is still in play. However, on the 4-hour chart, although the DIF and DEA are still in a bullish alignment, the histogram has started to shrink. What does this mean? A short-term overbought correction may be imminent.
How to interpret specific levels? The nearest resistance for BTC is around 98,000. If broken, the next hurdle is 99,000, with a final push toward the key level of 100,000. Support levels are first seen around 94,000-95,000; if it drops further, look at 93,000.
For Ethereum, the 3,400 psychological resistance remains significant, but once it stabilizes above that, there's a high probability of a rally toward 3,450-3,550. The support below is around 3,280-3,250; if broken, the key support is at 3,150.