🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Technical Analysis and Trend Signals**
- **BTC Technical Analysis**:
- **4-hour chart**: The Bollinger Bands slightly opened after narrowing, indicating increased volatility; MACD bearish momentum is fading, but RSI is neutral (55) with no clear direction.
- **Key Patterns**: If it breaks through **110,500 USD**, or quickly rises to **116,000 USD**; if it falls below **107,200 USD**, it may trigger **2.67 billion USD** long liquidation.
- **ETH Weakness Awaiting Change**:
- **Short-term rebound possible**: MACD green bars shorten, RSI at low levels, but the price is below the moving averages. A rebound needs to break through **2,550 USD** with increased volume.
- **On-Chain Accumulation**: In June, institutions increased their holdings by **6 million ETH**, reaching a historical peak, suggesting a potential breakout despite price divergence.