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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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The top prize: 50 GT.
 stands at 54, indicating neutral momentum with room for upward movement.
Key support levels are now at $245.30 and $230.75, while resistance has shifted to $280 and $295.
Solana’s recent v1.17.31 update has effectively mitigated network congestion caused by increased meme coin activity.
This improvement is expected to boost network performance and attract more users, potentially driving SOL closer to its $300 target in February.
🚀The Bottom Line
XRP, and Solana remain top players in the altcoin market, with February 2025 coming up to be a promising month for growth after Trump’s inauguration.
Meanwhile, PlutoChain could also gain momentum with its Layer-2 technology and strong fundamentals. The project could activate Bitcoin’s potential, possibly turning it from just a store of value into a powerful platform for decentralized apps – all while keeping its core security intact.
#SOL #HotTopicDiscussion