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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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 is currently trading at $3,184.53, up by +0.94% in the past 24 hours. We’re seeing some consolidation near this level with a high of $3,221.16 and a low of $3,001.48 over the last 24 hours.
Key Levels to Watch 🔎:
24h High: $3,221.16
24h Low: $3,001.48
Current Price: $3,184.53
Support Level: $3,042.75
Resistance Level: $3,243.42
Looking at the chart, we can see the 5 EMA (orange line) is sitting at $3,190.55, 10 EMA (green line) at $3,181.10, and 30 EMA (yellow line) is at $3,163.87. ETH is maintaining a bullish momentum with the price staying above these moving averages.
However, keep an eye on the possible resistance at $3,243.42 and the support around $3,042.75. Will Ethereum continue this upward movement or face a reversal? Time will tell!
🔴 Trade cautiously and watch those key levels!
$ETH