📢 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
The crypto world is like sailing against the current; every persistence is a buildup of strength, waiting for the wind and more importantly, to face the wind. On Tuesday evening, after a slight rebound in the Bitcoin market, there was another strong pullback, with the price dropping from a high of 114529 to a low of 112625 before stopping. The Ethereum market moved in sync with Bitcoin, with the price starting to pull back after reaching a high of 3657, and the lowest point in the evening was 3555. During the day, Sheng Ge's layout for Bitcoin included two short orders and two long orders, yielding a total of 3400 points, while the layout for Ethereum included two short orders and two long orders, yielding a total of 234 points. In the morning, Sheng Ge decisively seized the pullback trend, placing Bitcoin and Ethereum short orders at around 115172 and 3718 respectively, then signaling to exit around 114188 and 3656, with a profit of 1000 points from the Bitcoin short order and 62 points from the Ethereum short order. In the afternoon, both Bitcoin and Ethereum long orders were arranged at around 113979 and 3614, with exit signals around 114896 and 3682, resulting in a profit of 900 points from the Bitcoin long order and 68 points from the Ethereum long order. In the evening, there were also simultaneous layouts for Bitcoin and Ethereum long orders, which faced downward pressure after a slight rebound in the market. After capturing the pullback trend, Sheng Ge exited to secure profits, and then laid out Bitcoin and Ethereum short orders at around 114016 and 3642, exiting at around 112725 and 3563. The Bitcoin short order yielded 1300 points, while the Ethereum short order yielded 79 points.
According to the current market situation, the four-hour level shows that after a significant downward plunge, the price has stopped above the lower Bollinger Band, and there has been a rebound. The Bollinger Bands are opening parallelly, and there has not been any obvious downward extension action. Moreover, the lower Bollinger Band serves as an important resistance line against the continuation of bearish momentum. As long as this position is not broken, there is still an expectation for a rebound from the bulls. From the one-hour level, the market shows a strong breakthrough below the Bollinger Band with a two consecutive bullish candle rebound, indicating that while the bearish momentum is dissipating, the bulls are starting to revive. Therefore, with the downward movement having completed, we plan to adopt a low long strategy after a pullback at midnight.
Buy Bitcoin near 113000, target at 115000.
You can long around Ethereum 3570, targeting 36800 #Gate ETH 挖矿年化收益 5%# #晒出我的Alpha积分# .