🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
$BTC 11.13 Bitcoin price today: Last night, Bitcoin hit a low of 100,812. I still recommend continuing to buy on dips at this level. Yesterday morning, at above 102,900, we suggested long positions. After reaching that level last night, I didn't take profit and was stopped out for protection. Now that the price has fallen to a lower level, it presents a better opportunity.
From the overall structure, starting at the 99,192 level, Bitcoin is in an upward trend structure. Currently, this decline is just an expanded three-wave correction, which is a normal pullback in an uptrend. The current position is within a three-three wave pattern. Although the retracement is deeper than expected, the trend remains unchanged and is still bullish. It is expected that this will develop into a five-wave upward move, leaving plenty of room for the market to grow.
In summary, the medium-term structure continues to look for a 5-5 wave upward trend. Continue to re-enter medium-term long positions, with a stop loss at 99,200 for Bitcoin and 3,250 for Ethereum.