🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
#每周策略推荐#
1. Market Review/Analysis and Robot Strategy Selection:
Bitcoin plunged past the $100,000 mark in one go on Sunday night, with ETH and altcoins following suit, causing many altcoins to hit new lows.
Last week, it was said that the rebound of Bitcoin was a top formation washout market, and the limit of the rebound hit just around $109,700 (with a 1% margin of error). The washout still needs to break the $100,000 mark, and it has already fallen below $100,000. So, what will happen next?
Currently, external factors have a significant impact, such as the Israel-Palestine conflict, the U.S. involvement in the war, and the potential Trump tariff war. However, looking beyond the surface to the essence, the current severe decline, especially in altcoins, is primarily due to what has been said before: there is no money in the market, no liquidity. Therefore, any slight disturbance leads to a sharp drop, and even in a stable environment, it is difficult to rise significantly.
Technically, after Bitcoin's weekly break below the consolidation range, the 100,000 breakthrough may just be the beginning. The current rebound is mainly driven by buy orders pre-set around the 100,000 level pushing the price up. There may be competition around the 100,000 mark, but the subsequent trend still leans bearish. The technical pattern of ETH is even worse, with a continuous 5-week long upper shadow on the weekly chart before breaking down, giving a sense of a storm brewing. It seems difficult to avoid breaking below the 2,000 mark.
The suitable strategy for the current market is a combination strategy: BTC/USDT neutral contract grid + ETHUSDT contract grid for short.
2. Robot Practical Strategy Reference
Strategy Recommendation 1: Support and resistance levels are quite clear, you can set up a neutral contract grid for BTC/USDT.
Price range: $86,000 - $109,800;
Leverage: 5x;
Number of grids: 35;
Grid Type: Arithmetic Grid
Starting condition: $98,500, short if above $98,500, long if below.
Estimated strategy run time: June 23 - June 30;
Strategy recommendation two: Showing weaker performance, you can layout a short position using the ETHUSDT contract grid.
Price range: $1850 - $2660;
Leverage: 5x;
Number of grids: 40
Expected strategy execution time: June 23 - June 30;
Warm reminder: The above content is for reference only and should not be considered as investment advice. You can consult more information to make reasonable investment decisions.
Click the link to trade now: https://www.gate.io/zh/crypto-trading-bots