💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
BTC #BTC# short-term recommendation: long at 62400
Take it slow with trading, don't rush, focus on proper risk control, and maintain a sense of risk awareness. Respect the market and be cautious, especially during extreme market conditions to protect your 'life.' Currently, the market is testing the daily candlestick and the 60-day moving average on the four-hour chart. It's recommended to follow the trend around this level for now. In the short term, refer to BTC for potential retracement opportunities. Look for support in the 2410-2390 range below and consider short-term strategies.
ETH #ETH# short term suggestion: long at 2435
(Activate the strategy for profit at your own discretion)