New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
📊 Strategic Considerations
Short Position Strategy:
• Entry Point: Consider entering a short position if BTC approaches the $95,400–$95,700 range, as this aligns with recent resistance levels and liquidation clusters.
• Confirmation: Look for signs of price rejection or bearish candlestick patterns in this zone to confirm entry.
• Stop-Loss: Place a stop-loss above $96,000 to manage risk in case of unexpected upward movements.
• Take-Profit Targets: Initial target at $93,800, with a secondary target around $92,500, considering the support zones and potential for long liquidations below $90,000.
Alternative Scenario:
• If BTC breaks above the $95,700 level with strong volume, it may invalidate the short setup and indicate bullish momentum. In this case, reassess the market before taking new positions.