💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
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chart analysis—— #BTC # #交易#
1. As mentioned in the morning video, the obvious resistance zone on the daily candlestick is around 65000. It is necessary to closely follow the relationship between the Candlestick and the trading volume after reaching this position. If there is a narrow body Bullish line and an increase in trading volume, there is a high probability of a failed breakthrough and a sideways oscillation, which requires a dump; if the volume increases and the price rises, it may be considered to chase the market.
Observing on the 4-hour chart, a good and long-lasting pump pattern must closely follow the key trend line or moving average, forming a trend of advancing three steps and retreating one step. The Bullish line entity cannot be too long, otherwise short-term divergence will appear, forming a Pump and Dump.
In conclusion, do not short at the highest priceShort easily, follow the trend.
You can enter some bottom positions at the previous high before the retracement; short term can reduce the level to 5 minutes and operate according to the prompts in the group