🔥 Gate Square Event: #PostToWinNIGHT 🔥
Post anything related to NIGHT to join!
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📅 Event Duration: Dec 10 08:00 - Dec 21 16:00 UTC
📌 How to Participate
1️⃣ Post on Gate Square (text, analysis, opinions, or image posts are all valid)
2️⃣ Add the hashtag #PostToWinNIGHT or #发帖赢代币NIGHT
🏆 Rewards (Total: 1,000 NIGHT)
🥇 Top 1: 200 NIGHT
🥈 Top 4: 100 NIGHT each
🥉 Top 10: 40 NIGHT each
📄 Notes
Content must be original (no plagiarism or repetitive spam)
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Gat
#美联储降息 Recently, Ethereum's price movement has indeed been somewhat stagnant, which is common in the secondary market. Currently, a small coin called $JELLYJELLY has attracted a lot of attention. From a technical perspective, this is a typical target for strong whales to control the market. After a surge in volume yesterday, the price faced short-term resistance and fell back, showing a clear "waist jump" pattern. There may be two reasons behind this: either the whales are selling off chips at high levels to lock in profits, or they have directly chosen to dump and run, resulting in no subsequent momentum to support the market and leading to a weakening trend.
For investors who have not yet entered this asset, you can watch for short positions in the range of 0.075-0.070, and try a light position to test the waters. Based on the K-line trend and volume-price performance, the lower resistance level is around 0.065. Of course, small coins like this tend to be highly volatile and risky, so risk management is essential. Finally, if you currently lack confidence in market judgment or a clear strategy, it’s advisable to observe the market more, and learn to combine fundamental and technical analysis.