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
#Strategy加仓BTC $RARE's recent performance is indeed worth paying attention to — it has broken through at the node where trading volume increased by 17%, and the holdings have also surged. This combination is usually not a sign of a bearish sell-off, but rather a main force layout.
From a technical perspective, the synchronized surge in price and holdings is enough to indicate that the buying pressure is not just bluffing. The current consolidation phase is quite normal, with small-scale pullbacks quickly absorbed, and there are no obvious signs of selling pressure in the market. As long as the price continues to stay above the breakout level, the upward momentum is likely to persist.
If you're interested in entering, the range of 0.0278 to 0.0285 can be considered a potential entry point, with a stop-loss set at 0.0265 (a very firm level). For bullish targets, 0.0310 and 0.0340 are reasonable as the first and second targets respectively. The resonance between price and holdings often does not deceive easily, and this has been repeatedly validated in historical patterns.