🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
The current cryptocurrency market is in a volatile phase, and significant changes may not occur in the short term. Investors need to closely monitor several key factors:
Firstly, changes in tariff policies may impact the market. Secondly, it is expected that there may be clearer interest rate cut actions in September, which will have a significant impact on market trends.
In terms of Bitcoin, the current price is fluctuating around 107,700, with potential support at around 106,200 and resistance at around 108,500.
Regarding Ethereum, many altcoins are currently following its trend. The price of Ethereum is hovering around 2,470, with support potentially in the range of 2,410 to 2,380, and resistance approximately at 2,520.
The overall market strategy could consider buying on dips, especially when Ethereum falls to around 2,300, which may present a good buying opportunity. Although the current market trend appears somewhat weak, there is still a possibility of a short-term uptrend.
Investors should remain patient and closely monitor market trends, while also paying attention to changes in macroeconomic policies, as these factors may have a significant impact on the encryption currency market. In this uncertain market, it is particularly important to remain calm and rational.