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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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- Gate Brand Strategy Major Upgrade
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Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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Discuss BTC trading experiences, market views, or show off your contract gai
Market Analysis Tonight: Range Fluctuation, Cautious Operations
The current market is fluctuating around 2500, overall in the middle range, and special caution is needed in operations.
Specifically, the 2580-2620 range above is currently the strongest resistance zone, with a dense concentration of short orders. Once the price reaches this area, it is likely to be suppressed by the bearish forces.
Therefore, it is not advisable to chase the price up at this position; it is better to wait for the price to fall back before considering.
The 2450-2480 range below is a key support area, where many buyers have placed orders. Once the price returns to this position, there may be funds to support the price, leading to a rebound.
Operation Suggestions:
Don't chase the highs on long positions: There is significant resistance around 2580. It is not advisable to chase the price up in the short term; it's better to wait for a price pullback before entering.
Buy on dips, set a stop loss: If the price retraces to 2450-2480, consider buying with a light position, but strictly set a stop loss around 2435.
In a volatile market, focus on light positions: Currently, the trading volume is low, and the market trend is somewhat oscillating. Avoid heavy positions and maintain a light position layout.
High-risk short-term trading strategy: If the price quickly rises to 2580, consider a small position to short, targeting a pullback near 2520.
Tonight's market is mainly characterized by range fluctuations, focusing on oscillating between 2450 and 2600. It is best not to chase highs or sell lows; instead, maintain the upper and lower ranges and take advantage of the fluctuations to make a profit.
#Bitcoin Pizza Day#