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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
🚨4/10 Morning BTC/ETH Market Report🚨
🔶Recently, the impact of tariffs has been significant. We have been making profits all the way down this month. Yesterday, the average price for the short position on BTC was indicated at 77900 for adding positions, with an average price near 77500. The lowest point yesterday was also around 75780, and after the indication to reduce positions, we have already exited with a break-even. The average price for ETH was 1580, with the lowest point also reaching around 1440, and we have similarly exited with a break-even after reducing positions. The market has already been manipulated badly, so let's try to keep our positions small moving forward!
🔶$BTC From the chart perspective, it has now formed a W bottom. The neckline below is expected to receive support around 81000 to 80500. The current daily chart shows support at the baseline around 81600, as well as at the pivot line of 81478. The upper cloud bottom is around 85500, which acts as resistance.
🔶The four small levels are now also near the turning line of three consecutive bullish candles overlapping with the baseline, with significant support around 79100. The upper resistance is at the top of the dark clouds at 84000 and 84800.
🔶The hourly chart price has already broken through the EMA200, with the turning line crossing the baseline line below, the BBI support around 81500 below, as well as the EMA support at 808000 and the baseline support at 79066.
🚨The strategy has been reversed in a timely manner, focusing on low buys today.
📈81600 (first position) ~80800~79100 participate in low longs nearby, target look at 83300 (reduce position) then go for the bet 84000~84800~85290
📈$ETH long positions around 1600～1536, target 1670～1744～1823
⚠️ The above entry and exit points have a deviation of ±100 (ETH) ± (5) points, and the above points are conclusions drawn from chart patterns and technical indicators, which are subject to real-time changes and the influence of news. Please adjust according to your actual situation.
#当前行情分析：抄底还是观望？# #下行市场风险对策# #CPI & PPI 数据将公布#