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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Thoughts on BTC's short to medium-term market.
1) On the weekly level, last week closed with a small bearish inverted hammer candlestick, with significant selling pressure around 120,000. The ranges of 75,000 to 112,000 and 98,000 to 123,000 show that the rate of increase is decreasing;
2) On the daily level, there is a slight decrease in trading volume and multiple upper shadow lines, indicating frequent selling pressure;
3) The net inflow of US ETF institutions is continuous, but there are signs of a decrease;
4) The sell orders in the order book are frequently observed but have decreased, while the buy orders have strengthened.