📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
The market entered a high-level shock pattern. It is recommended for those who went long on Friday to reduce part of their position. If you only get involved on Sunday, it is suggested to at least halve your position. The later you get involved, the more you should be prepared to defend against the risk of drawdown.
In the subsequent words, judging by the current strength, shorts probably won't crash for a while. So, normally speaking, there should be at least a rebound, but considering the current strength and the intensity of the rebound, it's difficult for it to reach 64,000 points in the short term. Therefore, 63,000-63,500 can be shorted, but it's not urgent to short at the moment because it's likely that the market will be sideways for a period of time, which won't be very comfortable for shorts.
Therefore, it is recommended to observe the performance of the US stock market tonight, there may be a rise. Choose to go short tomorrow. It is not important to go short now, but I really don't recommend going long at this position. If you are so brave, you will lose a lot of money in the long run.