New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
$OG's big bearish candle hit hard, directly dropping to around 5.8, a textbook panic sell-off. However, interestingly, the price didn't continue downward; instead, it was quickly pulled back, indicating that most of the selling pressure has actually been exhausted in this wave.
Such extreme emotional levels are often the best opportunities for ambush. I positioned long trades around 7.958. After entering, the price action was swift with no hesitation—funds pushed the price up directly. The rebound wasn't slowly formed; it surged upward with momentum.
On the hourly chart, the lower shadow is very clear, and the lows are continuously rising, which is a typical sign of bulls controlling the market. The short-term structure recovered quickly, and the rhythm is fully in the hands of the bulls. If you become greedy in this kind of market, you might easily get caught out. It's better to plan your expected profit range and exit accordingly. This wave yielded a straightforward profit of 1000U, making the operation quite smooth.
Recently, there have been quite a few reversal opportunities in the crypto market. The key is to identify the true signals of panic release, rather than being fooled by surface volatility. Bitcoin, SOL, and some smaller tokens are all demonstrating similar technical stories, waiting to find the next good entry point.