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- 🚀 Calling all Gate Square content creators!
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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
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👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
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📅 July 4, 4:00 – July 20, 16:00 UTC+8
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- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
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3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
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📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
GM ☕ Our frog friend has two slightly different mornings—can you find all the changes?
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🔹Follow Gate_Square
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📅 Ends at 16:00 PM, July 7 (UTC)
Analysis: Bitcoin has returned above the 200-day MA, and the market is expected to be bullish.
According to BlockBeats news on April 27, analyst @alicharts reports that BTC has returned above the 200-day MA, which is a historically positive signal that usually indicates the price will rise further. Bitcoin formed a "death cross" on the daily chart on April 6 – a technical pattern where the 50-day MA falls below the 200-day MA. Since its inception, Bitcoin has experienced 10 such "death crosses", and the 11th is currently occurring. Analyzing the dates and durations of these "death crosses" leads to an important conclusion: every bear market includes one "death cross", but not every "death cross" results in a bear market. This distinction is key to understanding the current market landscape.