📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Black Friday met the big non-agricultural data, the seemingly calm market is actually a hidden mystery, how many leeks woke up, and the 10,000 sentences of CNMD points in my heart did not move the position but it was gone. At present, the trend of the pie and the two cakes are constantly at new highs, but the FOMO sentiment of the current market has not yet reached its peak, and there are still people who are bearish, and there will always be people in the market who are vigilant and even want to realize their wealth dreams in this round of bull market, and the live broadcast is also a reminder of the current market situation casually, a pin will lead to the liquidation of the contract, so in fact, it is also the case, the market of long and short double explosion is not once or twice, according to the current trend of the pie has been in the range of 68000-72000, and yesterday's highest reached 70000 US dollars on the pin 40000 US dollars, which happened to reach a support position in yesterday's morning evaluation,The second cake is also in the 4000 after the performance of the pins is just to reach the position of support in yesterday's morning review,The current market is like this,The pins are just for a better upside and environment,I talked about the grayscale sell-off last year countless times,You don't have to discuss this problem,This technique is not the first time,It is not the last time,The more this is the case, the more you should enter the market,Don't worry that the grayscale sell-off will cause the market to fall,Someone will go to pick up the goods,It's just that the left hand is just the right hand,You don't get on the car and wait until the bull top,The market is in FOMO and then go to the car,Then you are taking the plate。
☆
☆
After Bitcoin failed to break through 70,000 in the morning, the pressure began to fall all the way, and the price returned to around 68,200. The 4-hour chart is strong in the volume, yesterday closed out of the upper shadow, three consecutive trading days of the high, short-term step back or horizontal finishing is also a normal correction method. Today is not chasing higher in the white market for the time being, and yesterday it was pressured near 70,000 twice, and the white disk may be corrected below the high, just to see the magnitude of the retracement to determine the position of the long. The 1-hour upper band of Tubulin Road began to close. The MACD indicator in the attached chart diverges at the top, and there is a need for correction in the short term, and the strong correction replaces the pullback with a consolidation, and the weak correction will cooperate with the space to step back. Combine patterns to determine the correction of strength and weakness conversions. It is recommended to continue to go long around the 67300-67000 area, and see that the target is near the 68000-69000 area.
☆
☆
Ethereum also began to fall under pressure after failing to break through the 4000 mark for the second time in the morning, and the current price remains around 3920. The 4-hour chart is currently holding the shock bull channel of the middle track for the time being, although there is little room for upward extension, but fortunately, the support strength of the middle track exists, and the short-term intraday is still based on the middle track as the critical point. Short-term long and short back and forth, to combine the transformation of the form to flexibly adjust the idea, long and short should not be too much chasing. The white plate is tentatively set above the middle track, and the opportunity is much shorter. It is recommended to continue to go long around the 3840-3800 area, and see that the target is near the 3920-3950-4000 area.