Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Today marks the 597th day of my posting streak, and I haven't missed a single day. Each post is not just a formality but serious preparation. [微笑]If you consider me a serious person, you can follow along, and I hope that daily content can help you. The world is vast, and I am very small, so give a like to avoid getting lost. [微笑][微笑]
When gold and silver fall, money doesn't flow into the cryptocurrency market, and the fact remains—the entire market is facing a liquidity depletion problem. A major correction wave is likely ahead; initially, this is a bad card, only reshuffling can create new opportunities. This is a true reflection of the current market. Recently, I entered the market cautiously; a downtrend is hard to reverse, and it's best to wait for opportunities after a correction.
Over the past two days, Bitcoin and Ethereum have been especially volatile. Ethereum is currently battling the 2000 level and shows signs of halting its decline and possibly bouncing back, with resistance around 2250, and the likelihood of further decline remains high. Bitcoin, as expected, reached 7 million, and soon we may see Bitcoin starting at 6 million. There are signs of a rebound now, but within a downtrend, any entry into a position will lead to losses, whether smaller or larger. There are no special opportunities in this cycle right now, and if you just live calmly, you can bypass most market participants.