🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Previously thought there was still a 30% to 50% upside above 4 yuan? Now I have to admit I was mistaken - the price has already fallen below this defense line.
I reviewed the price chart again and found that the wave starting in spring resembles more of a corrective rebound (with obvious abc structural characteristics) rather than a main upward trend. Compared to similar patterns before, this round has also not evolved into a standard impulsive structure.
The current judgment is: there is a high probability that we are still circulating within the adjustment cycle that started last November. There are two key observation zones below - the positions at 3.53 and 2.89.
Don't rush to bottom-fish. Wait for clear signs of stabilization; opportunities will come naturally. Technical repairs take time, and patience is more important than being aggressive.