The crypto market has retraced to previous lows, with Bitcoin sliding to $104K. However, GateToken (GT) has surged to a new all-time high of $25.95. GT broke through resistance levels and further breakout may occur. The asset has gained over 23.63% in the past week and could hit a new all-time high at $27.48. If the uptrend reverses, a death cross may form with potential support levels at $23.92 and $20. The MACD line has crossed over the signal line, indicating positive momentum. The CMF indicator suggests positive money flow and accumulation, while the daily trading volume has risen by over 46.64%. GT's short-term moving average is above the long-term moving average and the RSI indicates an overbought state.



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