📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
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Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
The recent Digital Money market has shown a complex situation. Bitcoin (BTC ) has performed mediocrely, still oscillating within the range of $116,300 to $119,800. It is worth noting that the market capitalization ratio of Bitcoin is gradually decreasing, and funds are gradually flowing into other Crypto Assets.
At the same time, Ethereum ( ETH ) is showing strong momentum and continues to rise. Although the overall trend is positive, investors need to closely monitor the changes in the four-hour level. Currently, Ethereum is facing a resistance level at $2,382, and if it can break through and hold, it is expected to challenge the $4,000 mark. The intraday fluctuation range is between $3,723 and $3,823.
However, it is worth noting that Ethereum is no longer suitable for large-scale positions. A wise move is to focus on other potentially promising Crypto Assets, especially entering at the timing of a pullback. At this stage, the market is undergoing a transfer of funds from mainstream coins to emerging tokens.
Overall, the Crypto Assets market is at a delicate balance point. The sideways movement of Bitcoin stands in stark contrast to the strong rise of Ethereum, while other coins are seeking their own opportunities within this dynamic. Investors need to remain vigilant, closely monitor market trends, and adjust their investment strategies in a timely manner.