💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
2025.5.3 12:56 AM BTC/ETH Market Analysis
Brothers, I finally sat down in front of my computer. Although there have been few updates this week, it's been all about going long. The long strategies from the early session and Wednesday and Thursday have consistently hit the entry points. You can check out the updates from Sao Ge on your own; Sao Ge won't be taking screenshots one by one!
Weekend market, entering a low liquidity phase. The market has been steadily rising this week, with many having shorted directly from the 1580/83315 line for a week in solitude. At this moment, the market is fluctuating in the 93911-97000 range, and the direction is still not clear. This is definitely not a time for positioning! We can only continue to look for opportunities within the range, and expectations must be lowered! Before breaking out of the range!
BTC Attention
Support 93911/92455/88547
The pressure is temporarily set at 100000 integer psychological threshold.
ETH Attention
Support 1753/1675
Pressure temporarily set at 1875/1912
The key price level at this moment, 1828-1835, is still very critical, pay close attention! A stabilization looks at 50+, with resistance temporarily following the BTC trend!
Operations: Low liquidity on weekends, narrow fluctuations, look for opportunities for deep squats and surges! Do not trade during the consolidation! #GT#