CEO Jeffrey Hersch pointed out on X that market analysis through Almanac Trader suggests that despite recent selling pressure, the market is showing an indicative bullish signal. From a technical perspective, the market pattern after a sharper-than-expected decline suggests a potential rebound, and chart formations may serve as a foundation for future gains. Market participants are now focusing on today's closing price confirmation, and it seems they will observe whether this bullish technical signal will definitively turn into an upward trend in the coming days.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)