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💬 What derivatives or other products have you recently traded
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- 📢 $MORE is launching on Gate Alpha!
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📉 The overall market
Bitcoin (BTC) is currently trading at ~107,377 $, a slight decrease of about –1.22% since the previous close, with a daily range between ~106,828$ and 108,774$.
Ethereum (ETH) ranges between ~2,443$ and 2,519$ during the day, closing at around 2,493$, down approximately –1.01% from yesterday.
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💡 Market Motives
1. Technical resistances - Explosion opportunity?
Estimates from Ed Campbell of Rosenberg predict that breaking resistance at ~114,000$ could drive BTC towards the range of 143,000$ (+25%).
The total Bitcoin is witnessing strong momentum supported by increased liquidity from ETF funds and the expected reduction in interest rates in the United States.