🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
【Price Trend Analysis】
1. Candlestick forms:
- Recently, the price has been fluctuating within the range of 2400 to 2500, indicating a clear consolidation.
- Multiple occurrences of long Upper Shadow and Lower Shadow indicate significant market divergence, with intense competition between bulls and bears.
2. technical indicator:
- MACD: The current DIF and DEA are both negative and below the zero axis. The MACD histogram shows a continuous green color, indicating an overall bearish trend, but with signs of weakening.
- RSI: The current value of RSI14 is around 36, close to the Oversold zone. There may be a short-term Rebound demand, but be cautious of the risk of further decline.
- EMA: EMA7 (2387.75) < EMA30 (2444.66) < EMA120 (2564.13), presenting short positions arrangement, with short-term, medium-term, and long-term moving averages all diverging downwards, indicating an overall bearish trend.
3. Trading Volume:
- The recent few CandlestickTrading Volume have increased, especially during the period of 2000 on September 5th, indicating intensified long and short battles during that period.
- Overall, the Trading Volume shrinking at a high level indicates insufficient pump momentum, and the market may face pullback pressure in the future.