📢 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
Currently, BTC (Bitcoin) is showing a short-term downward trend on the 4-hour chart, with the price highs gradually retreating, but the lows also rising, forming a converging triangle pattern. This indicates reduced market volatility, and the price may fluctuate within a certain range. The MACD histogram on the daily chart is gradually decreasing in volume, with the fast and slow lines approaching the zero axis, indicating insufficient market momentum. Although the DIF and DEA on the 4-hour chart are still trending downwards, the green histogram momentum is weakening, showing signs of divergence, suggesting that there may be opportunities for a reversal or short-term rebound. Therefore, afternoon trading suggestions can continue along the previous lines.
Operation suggestions:
1.BTC: Go long in the range of 118200-118700, with a target between 119800-120800, and set the stop loss around 118000.
2. Two coins: Go long in the 4230-4280 range, with a target range between 4400-4450, and set the stop-loss at 4200.
This strategy continues to patiently wait for a breakout of the price range and flexibly adjusts stop-losses and targets to cope with potential short-term fluctuations in the market. #BTC重返12万 # #ETH突破4300#