📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
📉 BTC short positions strategy (April 24, 2025)
【Core Logic】
The current BTC price is approaching the key resistance zone of 94,000. If there are signs of stagnation (such as long upper shadows, volume-price divergence, RSI overbought), you can consider taking short positions to speculate on a pullback.
Specific execution
✅ Entry point: 93,800-94,200 range, observe 1-hour/4-hour candlestick pattern confirmation.
🛑 Stop loss setting: 95,800 (to prevent sudden surges or FOMO-induced breakthroughs).
🎯 Take Profit Strategy: No fixed take profit is set, using dynamic tracking:
If the price falls below 92,000, you can move the stop loss down to the cost price (94,000) to lock in profits.
If it accelerates to break below 90,000 (previous low support), it can be held to look towards 88,000-86,000 (Fibonacci retracement levels).
【Risk Control】
⚠️ Position Management: ≤5% of total funds.
📊 Indicators:
MACD death cross + volume contraction → strengthens short positions signal.
If U.S. stocks open lower or the U.S. dollar index rebounds, it may accelerate the BTC correction.
Emergency Plan
🔥 If the price violently rises to 95,000+ and shows no signs of a pullback, manually set a stop-loss in advance, do not hold the position!