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Gate Square New & Returning Creator Rewards are ongoing!
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Today's public thinking reference:
On the 4-hour chart, multiple attempts to break 92,000 encountered resistance and pulled back, with the 200SMA/EMA forming a dynamic strong resistance. The MACD bearish momentum has not diminished, and the rebound is weak.
On the weekly chart, the 21/50-week SMA is about to form a death cross, RSI < 41, indicating a mid-term bearish trend, with a deeper correction possible around mid-month.
Bitcoin: Rebounded to around 91,500-92,000 and then declined southward. First target 90,000, reduce positions; second target 89,000. If the situation changes unfavorably, consider timely profit-taking to stay safe.
Altcoins: Rebounded to around 3,125-3,150 and then declined southward. First target 3,050, reduce positions; watch for 3,000.
Sol: Rebounded to around 143-145 and then declined. First target 139, reduce positions; watch around 135.