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- 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
👉 Explain your reasoning—whether through technical analysis, macro trends, on-chain data, or market sentiment. Show your unique insight!
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3️⃣ Share your trading growth, insights, or experience
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🗓️ Deadline: October 31, 2025, 24:00 (UTC+8) - 🎒 Gate Square “Blue & White Travel Season” Merch Challenge is here!
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Summary of the review on August 4
————————
Since going long near the W bottom neck line yesterday, the price hasn't seen a strong surge, but I still maintain a bullish outlook for a rebound.
Starting from the moving average trading system, go long on a 5-minute golden cross, as long as the price does not break below the 15-minute 60 moving average, hold on.
Find signals in 5 minutes, hold positions for 15 minutes, and focus on larger trends with smaller trades.
The price has not broken below the 60-period moving average on the 15-minute chart, and there has just been a strong surge.
XRP has been longed from 2.8, currently up 10%.
ETH 3430 set a stop loss at 3410. Currently profit is 240＄➕
I still hold a long position in UNI.
It is also a buy signal generated by the moving average.
From the current market situation, there is obvious resistance around BTC 115800. If other varieties form a bottom pattern tomorrow, one can wait for the 30-minute 2-buy to re-enter long positions #BTC .