🍀 Spring Date with Fortune, Prizes with Raffle! Growth Value Phase 1️⃣ 7️⃣ Spring Raffle Carnival Begins!
Seize Spring's Good Luck! 👉 https://www.gate.com/activities/pointprize?now_period=17
🌟 How to Participate?
1️⃣ Enter [Square] personal homepage, click the points icon next to your avatar to enter [Community Center]
2️⃣ Complete Square or Hot Chat tasks such as posting, commenting, liking, speaking to earn growth value
🎁 Every 300 points can raffle once, 10g gold bars, Gate Red Bull gift box, VIP experience card and more prizes waiting for you to win!
Details 👉 https://www.gate.com/ann
Evening BTC Analysis (Wednesday)
BTC has completed stabilization at the bottom near the 70000 level. Short-term downward momentum has significantly weakened, and the chart shows a stop-fall and rebound structure.
On the 4-hour timeframe, the moving averages are gradually flattening, with price trading back above the mid-band. RSI and MACD are both showing bottom divergence signals, bearish strength is continuously declining, and rebound momentum is gradually accumulating. The 69000 area below has dense support with strong holding power; if this level holds effectively, rebound space opens up.
The first resistance above targets the 71500-72000 zone. If a gentle volume breakout occurs, it can further target 72500 and above. Overall evening bias is toward oscillation and rebound. Deploying long positions based on key support levels offers high cost-effectiveness.
BTC: Pullback from 71000 to 70500 can rally northward
First target: 72000 level
Second target: 73500 (cautious$BTC )#Gate正式接入Polymarket $BTC