🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
After a round of price rise, a peak is formed, and then it starts to fall. This decline has gone through 3 falls and 2 adjustments according to wave theory. Generally, when encountering such a market with 3 falls, one would not blindly go short, but rather observe whether the market can stabilize first and then look for opportunities to go long. Typically, after such a 5-wave decline, the market will take a break, either continue to fall, or first build a bottom and then start to rebound, or even experience a reversal.