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May the peace in the shade of a tree, the purity in the clear waters, the fertility in the soil and the meaning in every breath you take be as beautiful, in favor of goodness and happiness, may your joy, luck and abundance be abundant. May all the beauties be with you. I wish the Gateio community a healthy and happy new year. ✨😍🌟 #NewYear2024#

On our 4-hour chart, DOGE appears to have been rejected from our important resistance zone. If the selling in the 0.19 area can break through the block, we are likely to see sharp rises. Our strong support zone appears to be the 0.17 zone on our chart. #HotTopicDiscussion# #ContentSta# #BountyCreator# #GateioBountyCreator# #NewsMessenger# #GateLive# #MyFancyCreato# #Gate post Highlights# #BountyCreator# #DOGE# #SOIL# #APT# #SAND#

Trading challenge update Starting balance: 70k Current positions worth: 75k Balance: 32 Sol (5k USD) Tokens: #GNZYSTRM 4.36M - $24.3k $HINT 9.52M - $11.4k $NANI 11.11M - $6.9k $RIZZ 12.43M - $6.5k $AVIE 12.21M - $5.6k $PGUY 16.19M - $4.6k $NIGGA 6.35M - $4.3k $NSTR 10.01M -

This Monday, the Bitcoin market continued the weekend's volatile consolidation, closely mirroring the price trend of Ethereum. Bitcoin entered a slow downtrend in the early hours, quickly rebounding after hitting a low of $104,399, and is currently fluctuating around the $105,500 level; at the same time, Ethereum surged to $2,559 before encountering resistance and pulling back. From the four-hour chart technical analysis, Bitcoin is still in a low-level sideways consolidation state, with no effective breakthrough in both the upper and lower ranges. The Bollinger Bands are in a contracted state, with the channel width continuously narrowing, indicating that the market seems to be waiting for a clear direction. Although the current candlestick has a long shadow, it remains under pressure from the middle band, showing that the market maintains a weak stance. Combined with the bearish arrangement of moving averages, if Bitcoin cannot effectively stabilize above the level of $106,300, the bearish trend is difficult to change. In terms of trading advice, Bitcoin could be considered for a short position in the range of $105,400 to $105,800, with a target price around $104,000; Ethereum could be shorted in the range of $2,560 to $2,580, with a target price of about $2,450. The market trend still requires vigilance for potential variables, and maintaining a flexible response strategy is essential.

The price of Solana has shown strong rebound momentum, rising from the level of 145 dollars to 152 dollars. Market analysts believe that this is not just a simple technical rebound, but very likely marks the beginning of a new rising trend. The consolidation phase at the recent bottom area seems to have ended, and short-term investment funds are flowing back into the Solana ecosystem. On-chain activity data also shows that user participation is gradually recovering. From a technical perspective, if Solana can stabilize above the price level of $155, the market may welcome a wave of accelerated upward momentum, with some analysts maintaining a mid-term target price expectation of $270. It is worth noting that the price of Ethereum has also risen, which is interpreted as large funds possibly repositioning in the cryptocurrency market. Investors entering the market at this current time may achieve significant monthly returns, but they still need to carefully assess the risks.