💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
Today, the Bitcoin market is showing a strong pump trend, with three consecutive Bullish lines on the daily chart injecting a strong boost to long positions. The day's price action started around 109300, experienced a brief pullback, and then the long positions made a strong push, pushing the price up to a high of 111600, currently consolidating around 110800.
From the technical perspective of multiple time frames, the daily chart shows positive signals, and the bearish strength has significantly weakened. Currently, 115800 has become a key resistance level above, while 106000 is an important support below. The 4-hour chart shows that long positions' momentum continues to accumulate, and the price has touched the upper band of the Bollinger Bands, with 108300 being a support level to watch closely. On the hourly chart, although the bullish momentum has slightly weakened, 109500 and 107500 remain important support areas.
For evening trading strategies, investors can consider the following two operational plans:
1. When the price pulls back to the range of 111300-111800, consider establishing short positions, with the target set between 109300-108800.
2. If the market pulls back to the range of 4075-4100, you can also try to lay out short positions, with the target range being 3980-3960.
It is worth noting that the cryptocurrency market is highly volatile, and investors should fully assess risks when formulating trading strategies, reasonably set stop-losses, and ensure the safety of their funds. At the same time, closely monitoring market news and the movements of large institutions is also an important factor in grasping the market direction.