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- ๐ฅ Gate Post Ambassador Exclusive Posting Reward Task Is On!
๐ Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
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- ๐ต #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
๐ต #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
Whatโs your takeโwill they increase thei - ๐ต #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
๐ต #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Letโs hear your thoughts! - ๐ Bitcoin Pizza Day is Almost Here!
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Triangle consolidation is coming to an end, and a major market boom is on the way!
1. **Recent Trends**:
- **15-minute Trend**: The price of ETH/USDT has fluctuated significantly in the past 15 minutes, with the latest price at 3,172.98, a decrease of 4.53%. The MA15 (15-minute moving average) is 3215.89, indicating a downward trend in the short term.
- **4-hour Trend**: Within the 4-hour time frame, the price fluctuated sharply, reaching a high of 3,365.95 and a low of 3,163.25. High positions and trading volumes indicate high market activity.
- **Daily trend**: The daily chart shows that the price fell from 3,365.95 to 3,172.25, a decrease of 4.67%. The MACD indicator shows that both the DIF and DEA are negative, and the MACD value is -4.65, indicating that the market may continue to be in a downtrend.
2. **Future Prediction**:
- **Short-term (15 minutes to 4 hours)**: The price may continue to fluctuate in the short term, but due to the MACD indicator showing a downward trend in the market, the price may further decline. The support level of MA15 is around 3,215.89, and if it breaks below this support level, it may further probe down to 3,162.25.
- **Mid-term (daily)**: The daily MACD indicator also shows that the market is in a downtrend, with both DIF and DEA being negative values, and the MACD value is -4.65. If the price fails to break through the resistance level of 3,365.95, it may continue to decline below 3,000.
3. **Summary**:
- In the short term, the ETH/USDT price may continue to fluctuate and fall, especially within the 15-minute and 4-hour time frames. The daily MACD indicator also supports this downward trend. Investors are advised to operate cautiously and pay attention to the breakthrough of key support and resistance levels to determine the future market direction.
#BTC# #ETH#