📢 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
BTC's movement in the early morning has been repeatedly tugged, keeping the market oscillating within a relatively narrow range. Those familiar with the weekend rhythm know that during such times, both bulls and bears often find it difficult to form an effective breakout; neither side has enough strength to completely drive the market in one direction, much like two evenly matched opponents wrestling in the midfield, with neither a vigorous attack nor a catastrophic collapse, but rather a state of oscillation and correction.
This correction is actually a process of rebalancing the forces of bulls and bears after the market has experienced previous fluctuations. Weekend trading activity is relatively low, which neither gives the bulls too many opportunities to continue pushing higher nor allows the bears to crash the market without obstacles. Every seemingly breakthrough action may ultimately "brake" at the edge of the range, which is a typical characteristic of weekend market conditions.
From the hourly chart, BTC has currently arrived near the lower end of the range. The long positions we previously established in this area are still being held normally. The reason for entering the market at this position is twofold: on one hand, the lower end of the range itself provides certain support, and on the other hand, it aligns with the recent trend of fluctuations—before breaking the range structure, the lower end is often a point where bulls attempt to fight back. In the morning, we should continue to look upward.
Directly go long on BTC, focus on 117500
Ethereum synchronization is high, pay attention to 4300 #Gate & WLFI USD1 积分计划#