🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
On Thursday, the market entered a period of fluctuation as expected. The volatility of Bitcoin narrowed yesterday, maintaining a tight consolidation within the 1500-point range. Our trading strategy from yesterday perfectly realized two waves of downward profit. Currently, the market momentum is relatively weak, so it is recommended to continue with a high trading strategy.
The daily level shows that the coin price is continuously consolidating at a high level, with a key resistance level being persistently unbreakable, indicating a clear sign of stagnation. Caution is advised regarding the risk of a pullback from high levels; currently, the market is in a technical correction phase after a surge, with evident oscillation. Given the significant strong pressure above, it is recommended to maintain a trading strategy that sells on high. If there is an unexpected breakthrough of the resistance level, then adjust the strategy promptly.
Trading Suggestions:
BTC 104000-104500 range consolidation, down target 102000-101000 area
Short position entry in the ETH range of 2630-2650, targeting the range of 2550-2400.