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Details for USDT Holders: Strategic Moves in Market Trends
After the recent correction of altcoins, many altcoins have returned to attractive price levels that seem ripe for buying. However, there is an important factor to consider: $BTC has not decreased significantly and the dominance of BTC (DOM) continues to increase. This indicates that it may be prudent to be cautious in delaying the accumulation of altcoins until Bitcoin undergoes another significant decline, which could provide a favorable entry point for altcoins. Observing the Altcoin trend and the role of BTC Looking back, when trends or stories in the altcoin space attract attention and money flows in, many altcoins tend to rise in price regardless of Bitcoin's performance. This separation highlights a major risk: waiting too long for the next move of Bitcoin can leave you confused and uncertain about which altcoin to buy. In such situations, there is a temptation to FOMO on other people's choices at higher entry points. This often leads to buying during price spikes when euphoria—essentially catching hot coals—just to wonder if it's still worth buying when prices peak. What should you do when the price drops? Market information: $BTC, $ETH and Firechart analysis Analysis $ETH: Currently oscillating around the important psychological and technical resistance level of $4,000, despite the accumulation and resistance of whales at the $4,000 level, large players seem to be resetting retail participation and funding range. The stage is set for a potential breakthrough, with a clear path to move up once the whales decide to surpass. $BTC Firechart Chart Analysis: Last night's analysis confirmed that $BTC had touched the important $94,000 level—a dual-function level that serves as both support and the 50% retracement level of the previous breakdown candle. The current candle structure, with a long lower wick, indicates that market makers have successfully cleared long positions below the low of the breakdown candle. What will happen next to $BTC and Altcoin? The price of Bitcoin is likely to stabilize in the range of $90,000 to $100,000 before any significant move. Within this range, interesting narratives and altcoins are likely to continue to perform well, providing opportunities for those who pay close attention. Lessons to be drawn For Altcoin Investors: Identify altcoins associated with strong stories or trends. These altcoins can perform well even during BTC consolidation. Don't wait too long or rely solely on BTC volatility - take advantage of attractive information before prices become too hot. For those following $BTC and $ETH: Pay attention to important levels like $4,000 for ETH and $90-100,000 for BTC. A breakthrough could signal the start of the next major price increase. Make sure you are prepared for rapid movements, as the big players have already dealt with the weak ones, paving the way for a smoother price increase. Final thoughts In cryptocurrency, timing is crucial. Utilizing consolidation phases and price resets to position oneself effectively. Whether it's accumulating strong altcoins or monitoring important BTC/ETH levels, actively ensuring that you are prepared to catch the next wave instead of chasing after it. DYOR! #Write2Win #Write&Earn