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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
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📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
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This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
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Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
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#BTC#
The situation on BTC/USDT: a sharp drop from $93,500 led to a deep correction. However, the block of purchases formed at $85-$86 thousand represents a potential entry point for long positions.
Strategy:
* From the level of purchases of $85-$86 thousand: Opening long positions with the aim of fixing profits on the breakthrough of the sales block at $90 thousand. Consider risks. Place a stop loss below the redemption block.
* Breakout of the sales block ($90 thousand): Signal to open or increase long positions. Target - further growth.
Key points:
* News background: Actively monitor the news as it greatly affects volatility.
* Risk Management: Divide the position into several parts and use stop-losses to limit potential losses.
* Dynamic analysis: The situation is changing rapidly. Constantly analyze charts and news background.
Overall, the situation requires a cautious approach and careful market monitoring. Successful trading depends on the ability to adapt to changing conditions.